Schools Group Tops $1.5M Texas Mutual Dividend Mark
Texas Mutual Insurance Company announced a $312,893 dividend to the Texas Schools Group (TSG). The workers’ compensation purchasing group dividend was based largely on TSG’s loss ratio. TSG has earned $1,539,738 in dividends since 2005.
Perry Hunter Hall Inc. is the group’s administrator.
By committing to workplace safety and helping injured workers return to productive employment, TSG purchasing group members improve their chances of qualifying for future dividends.
In addition to potential dividends, TSG members get a discount on their workers’ compensation premium. They also have access to industry-specific safety materials, including pamphlets, videos, DVDs, streaming videos and a written safety plan. The materials cover workplace violence, ergonomics, back safety and other topics that address the hazards school employees face on the job.
Any licensed Texas agent can submit qualifying clients for membership in TSG.
Source: Texas Mutual Insurance Company
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says
- Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
- 2024 Wildfire Forecast Calls for ‘Below Average’ Season