The Texas Workers’ Compensation Insurance Fund (Texas Fund) announced plans to pay approximately $25 million in dividends to select policyholders for the third year in a row. The dividends will come as the company’s name changes to Texas Mutual Insurance Co. on Sept. 1 in under the provisions of House Bill 3458, which was signed by Gov. Rick Perry on June 15. The legislation specifies that Texas Mutual Insurance Co. is a continuation of the Texas Fund, not a new company. Therefore, Texas Fund policyholders of 2000 may be eligible for Texas Mutual dividends in 2001.
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Space Startups Seek Insurance for Orbital AI Data Centers 
Need Wind Mitigation? New Florida Insurer Wants to Help With That From This Issue
