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.
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
NAIC Victim of Cyber Incident Via PeopleSoft System 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 
