Texas Mutual Board Approves $240 Million in Dividends

Texas Mutual Insurance Co. will distribute $240 million in dividends to policyholders starting in July, the carrier announced Thursday. Texas Mutual said the latest distribution marks the 18th consecutive year it has issued dividend checks, bringing the total to more than $2 billion. More than $1 billion of that has been paid since 2012. Texas Mutual President and CEO Rich Gergasko said the dividend distribution is about more than just financial success — it also signifies the commitment the company and its policyholders make to keeping workplaces safe. The company ...