Texas Mutual Insurance Company announced it is distributing approximately $125 million in individual policyholder dividends, the largest in the company’s history.
Approximately 37,500 employers, representing about 79 percent of the company’s policyholders, will receive a dividend. Loss ratio and customer loyalty through retention are key factors in determining which policyholders qualify.
With these dividends, Texas Mutual Insurance Company will have paid about $445 million in individual policyholder dividends during the past nine years.
Source: Texas Mutual, www.texasmutual.com.
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
Truckers Who Fail English Tests Are Pulled Off Roads in Crackdown 
Death of Teenager on Carnival Cruise Ship Ruled a Homicide 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
