Energy Group Earns 3rd Texas Mutual Dividend
Texas Mutual Insurance Company announced a $72,147 dividend to the Lone Star Energy (LSE) purchasing group. The dividend was based largely on the group’s premium volume and loss ratio.
LSE has earned more than $168,000 in dividends since 2005. The group is open to butane and propane gas operators and dealers. Any licensed Texas agent can place a qualifying client in the group, with the underwriter’s approval.
Source: Texas Mutual Insurance Company, www.texasmutual.com.
Popular Today
- All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery
- Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
- How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage
- Home Insurance Tops Property Taxes in Squeeze for US Households