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Manufacturing Group Earns $874K Texas Mutual Dividend

24 Mar, 2010 WorkersCompensation.com

                               
Austin, TX (CompNewsNetwork) - Texas Mutual Insurance Company announced an $874,253 dividend to the Texas Association of Manufacturers (TAM) workers' compensation purchasing group today. The dividend was based largely on the group's loss ratio.

TAM has earned $1,411,633 in dividends during the past three years. By committing to workplace safety and helping injured workers return to productive employment, TAM purchasing group members improve their chances of qualifying for future dividends.*

In addition to potential dividends, TAM members get a discount on their workers' compensation premium. They also have access to industry-specific safety materials, including pamphlets, videos, DVDs, streaming videos and a written safety plan. The materials cover basic manufacturing safety rules, machine guarding, forklift safety and other topics that address the hazards manufacturing employees face on the job.

Any licensed Texas agent can submit qualifying clients for membership in TAM. For more information, visit texasmutual.com/agents/pr_tam.shtm or tamworkerscomp.com.

*Past dividends are not a guarantee of future dividends. 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 28 percent of the market. Since 1991, the company has provided a stable, competitively priced source of workers' comp insurance for Texas employers. Texas Mutual underwrites 28 workers' compensation purchasing groups representing a range of industries. For more information, visit texasmutual.com/agents/group.shtm.

About Texas Association of Manufacturers

Texas Association of Manufacturers (TAM) advocates for Texas manufacturers at the local, state and federal level in the formation of policy, enactment of laws and management of the regulatory environment. The association partners with Texas Mutual Insurance Company to offer its members a competitively priced source of workers' compensation insurance. More information about TAM and its principles can be found at manufacturetexas.org. 

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