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July 24, 2008

Insurance company pays dividend to Texas Construction Association members

AUSTIN, Texas

Texas Mutual Insurance Company has announced a US$2.3 million dividend to the Texas Construction Association (TCA) workers’ compensation group discount program. The dividend was based on the group’s premium volume and claim loss history, reports Market Watch.

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

Construction workers had the largest number of fatalities in Texas in 2006. US-wide, construction accounted for 1,226 fatalities, a three per cent increase over 2005.

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