Texas Mutual Insurance Company announced that its board of directors voted unanimously to approve a $330 million general dividend distribution in 2025.
Texas Mutual, the state’s top provider of workers’ compensation insurance will have distributed more than $1 billion in general dividends.
This will be the 27th year in a row that Texas Mutual has distributed general dividends to its policyholder owners, with nearly $4.8 billion delivered back to Texas businesses during that time. Dividends will be distributed in June to an estimated 73,000 Texas Mutual policyholders.
“Texas Mutual’s dividend program has made a meaningful impact on our state’s economy for 27 years by reaching so many businesses across Texas,” said the Honorable Ron Simmons, chairman of Texas Mutual’s board. “Our policyholders are the backbone of Texas, and we’re proud to reward businesses that are committed to creating safe workplaces for their employees.”
Approximately 91% of Texas Mutual policyholders will receive a dividend, the company said.
While Texas Mutual has awarded dividends each year since 1999, they are based on performance and therefore are not guaranteed. Additionally, dividends must comply with Texas Department of Insurance rules.
More information on Texas Mutual dividends can be .
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
Progressive Insurance Is Hiring Again; 12,000 More People Needed 
Marsh Sues Aon, Ex-Team Leader Over Exit of 20 Construction Surety Employees 
Business Moves: CRC Group Acquires ARC in E&S Deal 
South Florida Insurance Broker Pleads Guilty to Fraud in $133M ACA Enrollment Scheme 
