Texas Mutual Insurance Company announced a $256,134 dividend for the Texas Schools Group (TSG) purchasing group.
Premium volume and loss ratio were key factors in calculating the group’s third consecutive dividend. Texas Mutual Insurance Company has paid over $331,000 in dividends to TSG since 2005.
TSG is open to qualifying schools. Any licensed Texas agent can submit a qualifying client for group membership. TSG group members earn a premium discount based on the premium volume of the entire group, and they retain their own experience modifier. They also have access to a safety plan developed specifically for their industry.
Perry Hunter Hall Insurance administers the TSG purchasing group, and Texas Mutual Insurance Company underwrites it. For more information on TSG and other purchasing groups, visit www.texasmutual.com.
Texas Mutual Insurance Company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.
Source: Texas Mutal
Topics Texas
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