Texas Mutual Board Approves Record $150M Dividend Plan Today, Texas Mutual Insurance Company’s board of directors approved the company’s plan to distribute approximately $150 million in policyholder dividends. Dividends reward safety-conscious employers who have favorable loss histories. The dividend plan, the largest in the company’s history, includes a $75 million special dividend in recognition of […]
Texas Mutual Insurance Company announced a $985,520 dividend to the Lone Star Auto Dealers Association (LSA) workers’ compensation purchasing group today. The group has earned six consecutive dividends totaling more than $2.2 million.Because dividends are based largely on the group’s overall loss ratio, members have an incentive to focus on safety. For San Antonio-based Kahlig […]
This afternoon, the Texas Mutual Insurance Company board of directors approved the company’s plan to distribute approximately $125 million in individual policyholder dividends. The plan, which still requires Texas Department of Insurance approval, marks the largest dividend payout in company history. Texas Mutual Insurance Company has declared about $445 million in individual dividends during the […]
Texas Mutual Insurance Company announced a group dividend of $773,720 to the Lone Star Auto Dealers Association (LSA) purchasing group today. LSA has earned over $1.2 million in group dividends since 2002. Group dividends are separate from the approximately $100 million in individual dividends that Texas Mutual Insurance Company awarded to nearly 34,000 qualifying policyholders […]
Texas Mutual Expands Lone Star Auto Dealers Group Coverage Program Texas Mutual Insurance Company has expanded its Lone Star Auto Dealers (LSA) workers’ compensation purchasing group. The group is now open to franchised motorcycle, RV and boat dealerships as well as franchised auto and truck dealerships. Texas law allows employers in similar industries to reduce […]
Texas Mutual to Pay a Record $100 Million in Dividends. Money Includes Special and Anniversary Dividends Approximately 34,000 Texas employers will receive a share of approximately $100 million in dividends from Texas Mutual Insurance Company. This marks the largest dividend payout in the company’s history. The Texas Mutual® board of directors approved the company’s 2006 […]
Lone Star Auto Dealers Earn $262K Dividend Texas Mutual Insurance Company announced a group dividend of $262,472 to the Lone Star Auto Dealers purchasing group yesterday. The dividend covers three policy periods from January 1, 2002 through December 31, 2004. The group dividends are separate from the $50 million of individual dividends that Texas Mutual […]