Texas Mutual Insurance Company announced a $2,604,861 million dividend to the Texas Restaurant Association (TRA) workers’ compensation purchasing group. The dividend, the highest in the group’s history, is based largely on its overall loss ratio.
TRA has earned more than $7.7 million in group dividends over the past nine years. Group members can also earn individual dividends based on their personal loss ratios.
TRA is the primary advocate for Texas restaurateurs. Richie Jackson, TRA executive vice president/CEO, said restaurants are the largest private-sector employer in Texas.
Source: Texas Mutual Insurance Company,
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