Texas Mutual Rewards New Policyholders With Dividends


Austin, TX (CompNewsNetwork) - Texas Mutual Insurance Company announced today that it has begun distributing approximately $2 million in dividends among more than 2,700 first-year policyholders with favorable loss ratios. The dividends represent the final component of the workers' compensation insurer's $150 million 2008 policyholder dividend distribution.

Texas Mutual Insurance Company has paid more than $595 million in individual policyholder dividends since 1999. The company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends. For more information about dividends, visit the News & Publications section at texasmutual.com.

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 all Texas employers. Preventing workplace accidents and minimizing their consequences is a major part of Texas Mutual's mission.

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