Texas Mutual Insurance Company, a policyholder- owned company and the state’s leading provider of workers’ compensation insurance, has distributed $340 million in dividends to over 69,000 Texas businesses, representing approximately 92% of the company’s policyholders, according to a press release Wednesday.
Of those businesses, 532 are in Hays County and received $3,031,942 in dividends, which they can use to reinvest back into their businesses and local communities, the press release stated. Texas Mutual awarded its first dividend in 1999, making this the 25th consecutive year of the program and bringing the total delivered back to Texas businesses to over $4 billion.
“This year, we’re celebrating 25 years of dividends– 25 years of rewarding our policyholders for their dedication to creating safer workplaces and trusting us to protect their businesses,” said Jeanette Ward, president and CEO of Texas Mutual. “We’re proud to have policyholders who are helping us achieve our mission of creating a stronger, safer Texas.”
