April 1, 2010 Leave a comment
Texas Mutual Insurance Company announced a $312,893 dividend to the Texas Schools Group (TSG) today. The workers’ compensation purchasing group dividend was based largely on TSG’s loss ratio.
TSG has earned $1,539,738 in dividends since 2005.
“Texans trust TSG members with educating the next generation. We take that responsibility seriously,” said Philip Bruce of Perry Hunter Hall, Inc., the group’s administrator. “This money will help our member schools continue to provide quality education to our state’s future workforce.”
By committing to workplace safety and helping injured workers return to productive employment, TSG purchasing group members improve their chances of qualifying for future dividends.*
In addition to potential dividends, TSG members get a discount on their workers’ compensation premium. They also have access to industry-specific safety materials, including pamphlets, videos, DVDs, streaming videos and a written safety plan. The materials cover workplace violence, ergonomics, back safety and other topics that address the hazards school employees face on the job.
Any licensed Texas agent can submit qualifying clients for membership in TSG. For more information, visit texasmutual.com/agents/pr_tsg.shtm.
*Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.