AUSTIN, Texas., November 22, 2010–WorkCompWire– Texas Mutual Insurance Company announced a $283,291 dividend to the National Federation of Independent Business (NFIB) purchasing group for manufacturers today. The workers’ compensation dividend was based largely on the group’s loss ratio.
NFIB manufacturing has earned $1,161,317 in Texas Mutual dividends since 2007. By committing to workplace safety and helping injured workers return to productive employment, members improve their chances of qualifying for future dividends.*
In addition to potential dividends, NFIB manufacturing members get a discount on their workers’ compensation premium. They also have access to free safety materials, including online videos, pamphlets, DVDs and an industry-specific safety plan.
Any licensed Texas agent can submit qualifying clients for consideration in the NFIB manufacturing group. For more information, visit texasmutual.com/agents/pr_nfibm.shtm or nfib.com/txmutual.
*Past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.
About Texas Mutual Insurance Company
Austin-based Texas Mutual Insurance Company is the state’s leading provider of workers’ compensation insurance, with approximately 30 percent of the market. Since 1991, the company has provided a stable, competitively priced source of workers’ comp insurance for Texas employers. Texas Mutual underwrites 28 workers’ compensation purchasing groups representing a range of industries. For more information, visit texasmutual.com/agents/group.shtm.
Contact: Terry Frakes
Senior Vice President, Public Affairs
Source: Texas Mutual