Texas Mutual Dividend Helps Agencies That Help Others


Austin, TX  (CompNewsNetwork) -  Texas Mutual Insurance Company announced a $304,515 dividend to the Social Services Agencies of Texas purchasing group today. The dividend rewards the group for preventing workplace accidents and controlling claim costs.

"About 3,000 Texans who need assistance walk through our doors every year," said Joe Martinez, executive director of Nueces County Community Action Agency in Corpus Christi. "We help them get an education, pay their utility bills, provide information and referral services, and put a roof over their head. This money will go a long way toward improving the quality of life for Nueces County citizens."

SSA of Texas is open to community action agencies, senior citizen programs, after-school programs, Meals on Wheels, Head Start and other qualifying social service groups. Members get a premium discount, an industry-specific safety plan and potential dividends.

"Most social service agencies operate lean. We're no different," added Martinez. "Affordable workers' comp insurance is important. By joining SSA, we've made our premium a smaller piece of our budget."

Texas Mutual underwrites SSA of Texas, and Care Providers Insurance Services LLC administers it. For more information, visit texasmutual.com/agents/pr_ssa.shtm.

Texas Mutual notes that it cannot guarantee future dividends, and the Texas Department of Insurance must approve all dividend distributions.

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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