AUSTIN, Texas – Texas Mutual Insurance Company announced a $772,782 dividend to the CompGroup AGC today. The workers’ compensation safety group dividend was based largely on the group’s overall loss ratio.
CompGroup AGC members have shared in $15.5 million in Texas Mutual dividends since 2002.
CompGroup AGC provides a competitively priced source of workers’ compensation insurance for members of the Texas Chapters of the Associated General Contractors of America, Inc.
In addition to potential dividends, CompGroup AGC members get a discount on their workers’ compensation premiums. They also have access to industry-specific workplace safety training materials in the safety resource center at texasmutual.com.
Any licensed Texas agent can submit qualifying clients for consideration in the CompGroup AGC. For more information, including qualifying class codes, visit compgroupagc.org.
Texas Mutual notes that past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.
Source: Texas Mutual