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Texas Mutual Pays 3 Groups Combined Dividends of $328,641

Friday, March 11, 2011 | 0

Texas Mutual Insurance Co. announced Thursday that it has distributed a combined $328,641 in dividends among three purchasing groups.The dividends are based largely on each group’s overall loss ratio, Texas Mutual said.The Texas Lodging Group earned its first dividend from Texas Mutual and received $80,215. The Texas Schools Group received $194,743 in dividends, and the Texas Produce Association received $53,683.In addition to potential dividends, group members receive a discount on their workers’ compensation premiums and access to industry-specific workplace safety resources, Tex...

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