Oil and Gas Group Scores $1.7 Million Dividend

Texas Mutual Insurance Co. announced a $1,789,062 dividend to the Texas Oil and Gas Association (TxOGA) workers' compensation purchasing group. TxOGA has received over $3.5 million in group dividends from Texas Mutual since 2001, the insurer reported. Purchasing group dividends are separate from the approximately $100 million of individual dividends Texas Mutual will distribute among about 34,000 qualifying policyholders this summer. Some TxOGA group members may earn both types of dividends. Jim Sierra, master agent for the group, called the potential for dividends "one of the attractive t...