Texas Mutual Wraps Up $175M Workers’ Comp Dividend Distribution

Texas Mutual Insurance Co. announced that it has begun distributing $2.6 million in workers’ compensation dividends among approximately 3,300 new policyholders.

The money represents the final component of Texas Mutual’s $175 million dividend distribution in 2013.

Dividends reward loyal policyholders who share Texas Mutual’s commitment to workplace safety.

This is the 15th consecutive year Texas Mutual has paid dividends, bringing the total to almost $1.4 billion. The company said it has paid $1 billion of that total since 2007.

Texas Mutual notes that dividends are based on performance, are not guaranteed and must comply with Texas Department of Insurance regulations.

Source: Texas Mutual Insurance Co.