Texas Mutual Insurance Co. announced a $788,170 dividend to the Texas Medical Group (TMG). The workers’ compensation purchasing group dividend was based largely on TMG’s loss ratio.
TMG has earned $1,726,338 in Texas Mutual dividends since 2008. By committing to workplace safety and helping injured workers return to productive employment, TMG members improve their chances of qualifying for future dividends. Past dividends are not a guarantee of future dividends.
In addition to potential dividends, TMG members get a discount on their workers’ compensation premium. They also have access to free safety materials, including online videos, pamphlets, videos, DVDs and an industry-specific safety plan.
Any licensed Texas agent can submit qualifying clients for consideration in TMG.
Source: Texas Mutual Insurance Co.
Topics Texas Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 

