TMIC Distributes $3.3M in Dividends

Texas Mutual Insurance Co. announced the distribution of $3.3 million in early qualifier dividends to more than 2,500 policyholders, completing the final phase of the carrier’s $330 million dividend. Early qualifier dividend recipients are businesses that haven’t been policyholders long enough to qualify for a regular dividend but are maintaining safe workplaces, TMIC said in a statement. This includes policyholders that have a good loss ratio on their first-year policy and have renewed their policy during the first half of the year. Texas Mutual said that while dividends are not...