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Energy Group Earns $83K Texas Mutual Dividend

25 Aug, 2008 WorkersCompensation.com

                               

Austin, TX  (CompNewsNetwork) - Texas Mutual Insurance Company announced an $83,503 dividend to the Lone Star Energy (LSE) workers' compensation purchasing group today. 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. Many members have also qualified for individual Texas Mutual dividends based on their personal loss ratio.
 
LSE is open to butane and propane gas operators and dealers. Any licensed Texas agent can submit clients for consideration. In addition to potential dividends, LSE members get a premium discount and an industry-specific safety plan.
 
Texas Mutual underwrites LSE, and CertEssentials LLC administers it. For more information, visit the Agents section at texasmutual.com.
 
Texas Mutual Insurance Company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.

About Texas Mutual Insurance Company
 
Austin-based Texas Mutual Insurance Company is the state's leading provider of workers' compensation insurance, with approximately 25 percent of the market. Since 1991, the company has provided a stable, competitively priced source of workers' comp insurance for all Texas employers. Preventing workplace accidents and minimizing their consequences is a major part of Texas Mutual's mission.

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