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Austin, TX (CompNewsNetwork) - Texas Mutual Insurance Company, the state's leading provider of workers' compensation insurance, announced a $53,479 dividend to the Emergency Service Organization (ESO) purchasing group today.
The dividend is based largely on ESO's favorable loss ratio. By committing to workplace safety and helping injured workers return to productive employment, the group improves its chances of qualifying for future dividends.
ESO group members have shared in more than $500,000 of group dividends since 2002. Members are also eligible to participate in Texas Mutual's individual policyholder dividend program. The company has distributed more than $670 million in individual dividends since 1999.
• Texas law allows employers in similar industries to buy their workers' comp insurance as a group.
• The ESO purchasing group is open to qualifying fire departments and nonprofit EMS organizations.
• Group members get a discount on their workers' comp premium and an industry-specific safety plan.
• Any licensed Texas agent can submit clients for consideration.
About Texas Mutual Insurance Company
Austin-based Texas Mutual Insurance Company is the state's leading provider of workers' compensation insurance. Since 1991, the company has provided a stable, competitively priced source of workers' comp insurance for Texas employers.
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