Monday, July 14, 2008

Subcontractors Get $2.3M Texas Mutual Dividend

Texas Mutual Insurance Company announced a $2,269,048 dividend to the Texas Construction Association (TCA) workers compensation group discount program today. The dividend was based on the groups premium volume and claim loss history.

Were thrilled to be able to reward our members with these dividend checks, said Gina Jones of ANCO Insurance, the groups administrator. Theyve done a great job of keeping their employees safe on the job, especially considering the hazards of our industry.

Construction workers had the largest number of fatalities in Texas in 2006. Nationally, construction accounted for 1,226 fatalities, a 3 percent increase over 2005.

TCA group members have access to a safety plan developed for the construction industry. They also get a discount on their premium.

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