Construction Supply Group Receives $179K Dividend from Texas Mutual
Texas Mutual Insurance Co. announced a $179,106 dividend to the Texas Construction Supply (TCS) workers’ compensation purchasing group. The dividend was based largely on the group’s overall loss ratio.
Last year, TCS members shared in a $10,674 dividend. This year’s increase was due to growth in the group’s membership.
Any licensed Texas agent can submit qualifying clients for consideration in the TCS purchasing group. In addition to potential dividends, group members get a discount on their workers’ compensation premium and access to industry-specific workplace safety resources at texasmutual.com.
Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.
Source: Texas Mutual Insurance
- TikTok Accused by NY of Running Secret Safety Tests on Teens
- Before the Nuclear Verdict: Rethinking How Liability Claims Are Managed
- Hurricane Isaias Reaches Category 3 as It Nears Florida, Alabama
- Tesla Drops ‘Self-Driving’ Branding to Appease Europe Regulators
- The Great Hemp Reset: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country
- Torrential Rain Brings Deadly Floods Back to East Coast of Spain