TX Mutual to Continue Dividends Despite Market

Austin-based Texas Mutual Insurance Co., a workers' compensation insurance provider, says it will continue paying dividends to qualifying policyholders despite the current difficult insurance market. So far, Texas Mutual Insurance has paid more than 22,000 Texas employers a share of a $25 million general dividend. The general dividend plan includes an annual component for qualifying customers and a retention component for certain longtime customers. The purchasing group dividends reward qualifying groups for their focus on workplace safety, good loss ratios, increased premium volume and ...