Texas Mutual Board Approves $225 Million in Dividends for 2015

More than $225 million will be distributed to policyholders with Texas Mutual Insurance Co. this July, making the total dividends distributed since 2010 more than $1 billion, according to a press release from the company.  Last week, the company’s board of directors unanimously approved the multi-million dollar dividend distribution for 2015, which also is a company record.  The carrier, which provides coverage to 40% of the workers' compensation insurance market in Texas, provided $200 million in dividends last year to its policyholders. In 2013, the company di...