Texas Mutual Pays $1,759,699 Dividend to Manufacturers Group

Texas Mutual Insurance Co. presented a $1,175,699 dividend Wednesday to the Texas Association of Manufacturers group purchasing program.The dividend was based largely on the group’s overall loss ratio, Texas Mutual reported.Texas Association of Manufacturers members have shared in $2.6 million in Texas Mutual dividends since 2008, the carrier said.In addition to potential dividends, purchasing group members receive a discount on their workers’ compensation premium and access to industry-specific workplace safety resources.Any licensed Texas agent can submit qualifying clients for c...