Board approves $150M dividend distribution
On May 23, 2012, Texas Mutual's board of directors approved the company's $150 million individual policyholder dividend plan. Pending Texas Department of Insurance approval, they plan to begin distributing dividends in late July. This is the 14th consecutive year Texas Mutual's board has approved dividends. By the end of 2012, the company will have paid $1.2 billion in dividends since 1999. The majority of that total – more than $1 billion – will have been paid since 2005. The money has helped policyholders prosper, especially during the difficult economy.
Hoffman Insurance Group is an agent for Texas Mutual. If you have questions about workers comp coverage please give us a call. 281-491-6565