Texas Mutual Insurance Company announced a $59,360 dividend to the Texas Home Builders (THB) workers’ compensation purchasing group. The group’s first dividend was based largely on its first-year premium volume and loss ratio.
“We’re committed to the ongoing education of every Texas home builder so that they take full advantage of the workers’ compensation laws that were written exclusively for their industry,” said Anne Davis of Hotchkiss Insurance Agency, the group’s administrator. “The THB program allows the home builder to gain education, risk control and participate in the state’s best policyholder dividend programs.”
Any licensed Texas agent can submit qualifying residential general contractors for consideration in the group. Besides potential group and individual dividends, members get a premium discount and an industry-specific safety plan.
Source: Texas Mutual Insurance Company,
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
How Insurers Know When It’s Time to Scale AI 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
