Oil & Gas Businesses Earn Workers’ Comp Dividends

Texas Mutual Insurance Company recently paid a $1.8 million dividend to the Texas Oil and Gas Association (TxOGA) safety group. The workers’ compensation dividend was based largely on the group’s overall loss ratio.  TxOGA members have shared in $18 million in Texas Mutual dividends since 2001.

In addition to potential dividends, TxOGA members get a discount on their workers’ compensation premiums. They also have access to industry-specific workplace safety training materials in Texas Mutual’s Safety Resource Center.

Other employers interested in Oil & Gas safety should check out Texas Mutual’s Oil & Gas Safety Roundtable web page.

Any licensed Texas agent can submit qualifying clients for consideration in the TxOGA safety group. For more information, including qualifying class codes, visit texasmutual.com/agents/pr_txoga.shtm.

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

TxOGA earns $3.5 million dividend

Texas Mutual Insurance Company announced a $3,566,002 dividend to the Texas Oil & Gas Association (TxOGA) 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.

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