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Two Purchasing Groups Receive Dividends

Friday, December 22, 2006 | 0

Texas Mutual Insurance Co. announced $463,025 in dividends to two National Federation of Independent Business workers' compensation purchasing groups. Texas Mutual is giving a $302,815 dividend to the federation's workers' compensation purchasing group for the construction industry and a $160,210 dividend to the federation's workers' compensation purchasing group for the wholesale/retail industry. The action marks the construction group's fourth consecutive annual dividend and the first for the wholesale/retail group. Premium volume and loss ratio were factors in determining both divi...

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