Texas Mutual Insurance Company announced it is distributing approximately $2 million in dividends among first-year policyholders with favorable loss ratios.
The dividends represent the final component of the company’s $125 million 2007 individual policyholder dividend distribution.
Texas Mutual Insurance Company has paid about $445 million in individual policyholder dividends since 1999.
The company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.
Source: Texas Mutual Insurance Company,
Topics Texas
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