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TxOGA Earns $3.5M Texas Mutual Dividend

20 Jul, 2010 WorkersCompensation.com

                               

Austin, TX (CompNewsNetwork) - Texas Mutual Insurance Company announced a $3,566,002 dividend to the Texas Oil & Gas Association (TxOGA) workers' compensation purchasing group today. The dividend was based largely on the group's premium volume and loss ratio.

TxOGA has earned $16 million in group dividends since 2001.

By committing to workplace safety and helping injured workers return to productive employment, TxOGA members improve their chances of qualifying for future dividends.*

In addition to potential dividends, TxOGA members get a discount on their workers' compensation premium. They also have access to free industry-specific safety materials, including online videos, pamphlets, DVDs and a written safety plan.

*Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.

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