Texas Mutual Pays $125M in Dividends

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