News



News Release: August 3, 2010

Groups Earn Combined $840K in Dividends From Texas Mutual

AUSTIN - Texas Mutual Insurance Company announced today that four purchasing groups have earned a combined $839,151 in workers’ compensation dividends.  The dividends were based largely on each group’s premium volume and loss ratio.

The dividend amounts for each group were: Texas Apartment Association, $324,894; Social Services Agencies of Texas, $273,876; Lone Star Energy, $174,925; Emergency Service Organization, $65,456. Group dividends are separate from the $100 million in individual policyholder dividends Texas Mutual announced last week.  Many purchasing group members qualified for dividends under both plans.

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

In addition to potential dividends, group 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.

Any licensed Texas agent can submit qualifying clients for consideration in these groups.  For more information, visit texasmutual.com/agents/group.shtm.

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




News Release: July 21, 2009

Emergency Service Group Earns Texas Mutual Dividend

AUSTIN - Texas Mutual Insurance Company, the state's leading provider of workers' compensation insurance, announced a $53,479 dividend to the Emergency Service Organization (ESO) purchasing group today.

The dividend is based largely on ESO's favorable loss ratio.  By committing to workplace safety and helping injured workers return to productive employment, the group improves its chances of qualifying for future dividends.*

Get more information about dividends at texasmutual.com/news/dividendhistory.shtm.

ESO group members have shared in more than $500,000 of group dividends since 2002.  Members are also eligible to participate in Texas Mutual's individual policyholder dividend program.  The company has distributed more than $670 million in individual dividends since 1999.

  • Texas law allows employers in similar industries to buy their workers' comp insurance as a group.
  • The ESO purchasing group is open to qualifying fire departments and nonprofit EMS organizations.
  • Group members get a discount on their workers' comp premium and an industry-specific safety plan.
  • Any licensed Texas agent can submit clients for consideration.
*Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.




News Release: July 18, 2008

Emergency Service Group Earns Texas Mutual Dividend

AUSTIN -Texas Mutual Insurance Company announced a $51,257 dividend to the Emergency Service Organization (ESO) workers' compensation purchasing group today. The dividend was based on the group's premium volume and loss ratio.

Texas Mutual underwrites ESO, and VFIS of Texas/Regnier & Associates administers it.  The group is open to qualifying firefighters and ambulance services.  Any licensed Texas agent can submit qualifying clients for consideration.

ESO has earned $461,853 in group dividends from Texas Mutual since 2002.  In addition to potential dividends, ESO members get a premium discount and an industry-specific safety plan.  Group dividends are separate from the $150 million in individual policyholder dividends the company declared this summer.

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.

For more information about dividends, visit texasmutual.com/news/dividendhistory.shtm




News Release: July 16, 2007

Emergency Service Organization Group
Earns Sixth Straight Texas Mutual Dividend

AUSTIN - Texas Mutual Insurance Company, the state's leading provider of workers' compensation insurance, announced a $77,256 dividend for the Emergency Service Organization (ESO) purchasing group today.  The group's sixth consecutive dividend was based largely on its premium volume and loss ratio.

"Emergency service employees and volunteers put themselves in danger to help others every day," said Barbara Marzean of VFIS of Texas/Regnier & Associates, ESO group administrator.  "Working with Texas Mutual, we've made safety a priority and helped our members earn a portion of their premium back in dividends."

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.