Texas Mutual Pays $2.3M Dividend to CompGroup AGC

Texas Mutual Insurance Company announced a $2,260,775 dividend to the CompGroup AGC workers’ compensation purchasing group. The dividend was based largely on the group’s favorable loss ratio.

CompGroup AGC members have shared in more than $12 million in group dividends since 2002.

“Safety is ingrained in everything our members do,” said George Cumming, CompGroup AGC president. “Our dividend track record speaks for itself. We’re proud of our members for keeping their workers safe and on the job.”

CompGroup AGC is open to qualifying general and specialty construction contractors. Members have access to an industry-specific safety plan, job site inspections, safety courses, accident investigations, updates on safety regulations, interactive online safety tools and a multimedia library of safety materials.

Any licensed Texas agent can submit clients for consideration in CompGroup AGC. For more information, visit texasmutual.com or compgroupagc.org.

Source: Texas Mutual Insurance Company