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
- Senate Says Climate Is Driving Insurance Non-renewals; Industry Strikes Back
- Collision Claim Trends to Watch in 2025
- CCC Intelligent Solutions Acquires EvolutionIQ for $730M
- US Consumer Watchdog Sues Big Banks Over ‘Widespread’ Fraud on Zelle Payment App
Popular This Month
- After Tens of Billions in Insured Losses, Record-Breaking Hurricane Season Ends
- Mississippi High Court Tells USAA to Pay up in Hurricane Katrina Bad-Faith Claim
- The Rising Insurance Costs of Electric Vehicles: A Specialized Challenge
- Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home