The Texas Workers’ Compensation Insurance Fund (Texas Fund) announced plans to pay approximately $25 million in dividends to select policyholders for the third year in a row. The dividends will come as the company’s name changes to Texas Mutual Insurance Co. on Sept. 1 in under the provisions of House Bill 3458, which was signed by Gov. Rick Perry on June 15. The legislation specifies that Texas Mutual Insurance Co. is a continuation of the Texas Fund, not a new company. Therefore, Texas Fund policyholders of 2000 may be eligible for Texas Mutual dividends in 2001.
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M 
Security First the Latest in Florida to Announce Home Insurance Rate Cut 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
The Future of the Agency in a World of AI From This Issue
