Hotchkiss Insurance Programs announced on Wednesday a $91,810 dividend to the Texas Home Builders Safety Group (THB), bringing total dividends paid to the group to $509,321. The group’s premium volume and loss ratio were factors in determining its dividend.The THB Safety Group, formed in September 2005 exclusively for home builders in Texas, provides qualifying members with workers’ compensation coverage. The announcement marks the fifth dividend paid to the group’s policyholders by Texas Mutual Insurance Company, the program underwriter, Hotchkiss, said in a press release.Th...
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