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.
Popular Today
- Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud
- Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo
- FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings
- NHTSA Expands Probe into 1.3M Ford F-150 Pickups Over Transmission Issues
Popular This Month