Texas Mutual Insurance Co. announced it has begun distributing about $1.5 million in workers’ compensation dividends among approximately 2,800 new policyholders.
The early-qualifier dividends represent the final component of Texas Mutual’s $155 million 2011 dividend distribution, the company said.
Approximately 77 percent of Texas Mutual’s policyholders received a dividend as a reward for preventing workplace accidents and helping injured workers return to productive employment.
Texas Mutual has distributed more than $1 billion in policyholder dividends since 2000. That number includes a combined $260 million in 2008 and 2009, at the height of the recession.
Texas Mutual notes that past dividends are not a guarantee of future dividends. All dividend plans require Texas Department of Insurance approval.
Source: Texas Mutual Insurance Co.
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
Entrepreneur’s Suit Says My Safe Florida Home Hurricane Shutters Are Fire Hazards 
Florida Supreme Court Posts New Rule on AI Hallucinations in Court Filings 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
DeSantis Plan to Cut Florida Property Taxes Heads to Ballot—With Schools Removed 
