Texas Mutual Distributes Last Dividend Payment of 2016

Texas Mutual has made the final payment of this year's $240 million dividend, paying out roughly $3 million in early qualifier dividends to 4,000 policyholders.  The state's largest workers' compensation insurer distributed early qualifier dividends to qualified employers who haven't been with Texas Mutual long enough to earn a regular dividend. This included policyholders with a good loss ratio on their first-year policy who have renewed this year.  Texas Mutual insures 40% of Texas's workers' compensation market. It has distributed dividends for 18 years i...