February 12, 2025
Texas Mutual distributes $12.5M in safety group dividends
For 26 years, we’ve been awarding our policyholders for their commitment to safety and loyalty to Texas Mutual through our one-of-a-kind dividend program. In addition to individual dividends, policyholders who are safety group members can also qualify for a group dividend if the group has a favorable loss history. We’re pleased to have paid 2024 dividends to all 25 safety groups, totaling over $20 million.
In the first half of last year, 14 safety groups received dividends. We’re now happy to share that an additional 11 safety groups have received a combined $12,568,311 in dividends.
From July 2024 through February 2025, the following groups received a 2024 dividend:
- AgriComp
- NFIB Construction
- NFIB Manufacturing
- NFIB Wholesale/Retail
- Texas Association of Manufacturers
- Texas Apartment Association
- Texas Construction Safety Group
- Texas Green Industry
- Texas Recreation Safety Group
- Texas Restaurant Association
- Texas Schools Group
Our dividend program plays a fundamental role in our work toward building a stronger, safer Texas. Through this program, we’re able to show our appreciation for Texas businesses who are prioritizing safety in addition to creating a positive impact on our state’s economy.
Safety group dividend amounts
Safety group dividends are evaluated once each year and are based on the group’s performance over the previous three years. The amount each individual group member receives depends on their company’s earned premium, safety record and the amount of time they’ve been in the group.
- You can view historic dividend payouts for each safety group through our safety groups page.
- If you belong to one of the groups listed above, you can view individual and group dividend information in your Texas Mutual Online (TMO) account.
- If you are an agent and have a Texas Mutual client in one of the groups listed above, you can view their individual and dividend information in your TMO account.
Dividends are based on performance, are not guaranteed and must comply with Texas Department of Insurance regulations.
Safety group membership
Texas Mutual works with 25 safety groups in more than 10 different industries. In addition to potential dividends, safety group members receive a discount of about 12% on their premium and have access to industry-specific safety resources.
If you’re interested in joining a safety group, please speak to your insurance agent. Agents can use the class code search on our safety groups page to see what groups are available to your client.