AUSTIN, Texas: January 4, 2011 – Texas Mutual Insurance Company announced a $2,130,561 dividend to the Texas Restaurant Association (TRA) workers’ compensation purchasing group today. The dividend was based largely on the group’s overall loss ratio.
TRA group members have shared in $15,946,191 in Texas Mutual dividends since 1999.*
Any licensed Texas agent can submit qualifying clients for TRA purchasing group membership. In addition to potential dividends, group members get a discount on their workers’ compensation premium and access to industry-specific workplace safety resources at texasmutual.com.
For more information about the TRA/Texas Mutual purchasing group, visit texasmutual.com/agents/pr_tra.shtm.
*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, including oil and gas, manufacturing, construction and health care. For a complete list of open purchasing groups, visit texasmutual.com/agents/group.shtm.
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Contact: Terry Frakes
Senior Vice President, Public Affairs
(512) 224-3855