Three Safety Groups Earn Combined $848K in Texas Mutual Dividends

Texas Mutual Insurance Company announced today that three workers’ compensation safety groups have earned a combined $847,714 in dividends. The dividends were based largely on each group’s overall loss ratio.

The largest dividend, $398,186, went to the Lone Star Auto Dealers (LSA) safety group. LSA members have shared in more than $5 million in group dividends since 2002.

Meanwhile, the Lone Star Energy (LSE) safety group earned a $240,272 dividend, and the Hospitals of Texas (HOTComp) earned a $209,256 dividend.

Group dividends are separate from the $155 million in individual policyholder dividends Texas Mutual is distributing in 2011. Many group members have qualified for individual and group dividends.

In addition to potential dividends, LSA, LSE and HOTComp members have access to industry-specific workplace safety resources at texasmutual.com. They also get a discount on their workers’ compensation premiums.

Texas Mutual underwrites 30 safety groups representing a range of industries, including oil and gas, manufacturing, construction and health care. Any licensed Texas agent can submit qualifying clients for consideration in a group. 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.

Purchasing Groups earn dividends

Auto Dealers Approach $5M Texas Mutual Dividend Mark

November 1, 2010 – Texas Mutual Insurance Company announced an $856,859 dividend to the Lone Star Auto Dealers (LSA) workers’ compensation purchasing group today. The dividend was based largely on the group’s loss ratio.

LSA has earned $4.7 million in Texas Mutual dividends since 2002. By committing to workplace safety and helping injured workers return to productive employment, LSA members improve their chances of qualifying for future dividends.*

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

Any licensed Texas agent can submit qualifying clients for consideration in LSA. For more information, visit texasmutual.com/agents/pr_lsa.shtm or lonestarautodealers.com.

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

Medical Group Earns $788K Texas Mutual Dividend

October 28, 2010 – Texas Mutual Insurance Company announced a $788,170 dividend to the Texas Medical Group (TMG) today. The workers’ compensation purchasing group dividend was based largely on TMG’s loss ratio.

TMG has earned $1,726,338 in Texas Mutual dividends since 2008. By committing to workplace safety and helping injured workers return to productive employment, TMG members improve their chances of qualifying for future dividends.*

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

Any licensed Texas agent can submit qualifying clients for consideration in TMG. For more information, visit texasmutual.com/agents/pr_tmg.shtm or texasmedicalgroupwcprogram.com.

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