Texas Mutual Pays Dividend to Recreation Safety Group

Texas Mutual Insurance Co. has paid a dividend of more than $160,000 to the Texas Recreation Safety Group, bringing Texas Mutual’s total dividend payout to the group over $1 million since 2009, the insurer announced in a release. The most recent dividend payout to the safety group of $163,691 brought its total dividend payout from Texas Mutual since 2009 to $1,160,945. The dividends are based on the group members’ dedication to making safety a priority in their businesses, which keeps the group’s loss ratio low, Texas Mutual said. Dividends are based on performance and are n...