Texas Mutual Insurance Co. announced a $179,106 dividend to the Texas Construction Supply (TCS) workers’ compensation purchasing group. The dividend was based largely on the group’s overall loss ratio.
Last year, TCS members shared in a $10,674 dividend. This year’s increase was due to growth in the group’s membership.
Any licensed Texas agent can submit qualifying clients for consideration in the TCS purchasing group. In addition to potential dividends, group members get a discount on their workers’ compensation premium and access to industry-specific workplace safety resources at texasmutual.com.
Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.
Source: Texas Mutual
Topics Texas Construction
Was this article valuable?
Here are more articles you may enjoy.
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG 
Florida Approves 6.9% Average Cut in Workers’ Comp Rates But Roofers Are Worried 
Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business 
