TRA Earns $715K Dividend from Texas Mutual

Texas Mutual Insurance Company reported that President Russ Oliver recently presented a group dividend check for $715,423.09 to the Texas Restaurant Association (TRA).

The TRA group dividend is separate from the approximately $50 million in dividends that Texas Mutual Insurance Company paid to qualifying policyholders in July. Some TRA members may receive dividends from both programs.

Since 1999, Texas Mutual Insurance Company has returned over $170 million in general dividends and over $5 million in purchasing group dividends. The Texas Department of Insurance has approved every Texas Mutual dividend plan to date.

Past dividends are not a guarantee of future dividends; however, when funds are available, Texas Mutual Insurance Company believes in rewarding its loyal policyholders whose low claim losses help contribute to its success.

Topics Texas