Recreation Group Earns First Texas Mutual Dividend
Texas Mutual Insurance Company has returned a $90,643 dividend to the Texas Recreation Purchasing Group (TRPG). The group’s first dividend was based largely on its favorable loss ratio.
By committing to workplace safety and helping injured workers return to productive employment, TRPG improves its chances of qualifying for future dividends.
TRPG members are also eligible to participate in Texas Mutual’s individual policyholder dividend program. The company has distributed more than $670 million in individual dividends since 1999:
TRPG is open to qualifying golf clubs, country clubs, health clubs, tennis clubs, fishing clubs, bowling centers and others in the recreation industry.
Group members get a discount on their workers’ comp premium and an industry-specific safety plan.
Any licensed Texas agent can submit clients for consideration in the group.
Source: Texas Mutual Insurance Company, www.texasmutual.com/
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers
- Beyond the Claim: How Social Canvassing is Transforming Insurance Fraud Detection
- EPA Designates PFAS Chemicals as Superfund Hazardous Substances
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- California Sees Two More Property Insurers Withdraw From Market
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme