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Texas Mutual Provides $670,000 Dividend to Restaurant Group

Thursday, January 16, 2014 | 0

Texas Mutual Insurance Co announced it will pay a dividend of $667,540 to the workers' compensation groups operated by the Texas Restaurant Association. The insurer said the dividend is based largely on TRA's overall loss ratio."Texas Mutual has a permanent, vested interest in helping our state’s employers succeed,” Richard Gergasko, Texas Mutual president and CEO, said in a press release. "When we have the opportunity to reward long-term partners like TRA for their commitment to workplace safety, we consider it money well-spent."Since 1999, Texas Mutual has distributed nea...

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