Texas Mutual Rewards Hospital Group with $209K Dividend

Texas Mutual Insurance Co. announced a $209,256 dividend to the Hospitals of Texas (HOTComp) safety group. The workers’ compensation dividend was based largely on HOTComp’s overall loss ratio.

HOTComp safety group members have shared in nearly $600,000 in Texas Mutual dividends since 2008.

In addition to potential dividends, HOTComp safety group members get a discount on their workers’ compensation premiums. They also have access to industry-specific workplace safety training materials in the safety resource center at texasmutual.com.

Any licensed Texas agent can submit qualifying clients for consideration in the HOTComp safety group.

Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.

Source: Texas Mutual