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.
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