July 25, 2011 Leave a comment
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.