Energy Group Earns 3rd Texas Mutual Dividend
Texas Mutual Insurance Company announced a $72,147 dividend to the Lone Star Energy (LSE) purchasing group. The dividend was based largely on the group’s premium volume and loss ratio.
LSE has earned more than $168,000 in dividends since 2005. The group is open to butane and propane gas operators and dealers. Any licensed Texas agent can place a qualifying client in the group, with the underwriter’s approval.
Source: Texas Mutual Insurance Company, www.texasmutual.com.
Popular Today
- Growing Progressive Set to Hire 10,000 for Claims, IT, Other Roles
- ‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
Popular This Month
- Millions of Recalled Hyundai and Kia Vehicles, With Dangerous Defect, Remain on Road
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair