Texas Mutual Insurance Company announced a $43,392 dividend for the Texas Produce Association (TPA) purchasing group. Premium volume and loss ratio were key factors in the group’s second consecutive dividend.
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.
The group is open to growers; domestic, import and specialty shippers; distributors; material and service providers; and others in the produce industry. Any licensed Texas agent can submit a qualifying client for group membership. For more information on TPA 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 Mutual
Was this article valuable?
Here are more articles you may enjoy.
First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud 
Comulate Loses Appeal for Injunction Against Applied Systems 
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case 
