Texas Mutual Hands Out $100 Million in Dividends

Texas Mutual Insurance Co. began its largest-ever distribution of dividends, approximately $100 million to some 34,000 policyholders. The funds include special and anniversary dividends. "Customer loyalty and loss ratio are key factors in determining which policyholders qualify for individual dividends," Texas Mutual announced in starting the distribution. Policyholders that earn an individual dividend automatically qualify for special and anniversary dividends, the insurer noted. "The special dividend is the result of Texas Mutual's exceptional financial results in 2005. "The anniversary...