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NFIB Manufacturing

  Stonger together
  Download the NFIB purchasing group brochure.

The National Federation of Independent Business (NFIB) and Texas Mutual Insurance Company have teamed up to create the NFIB Manufacturing purchasing group. Like all Texas Mutual® purchasing groups, this group purchase program offers potential premium savings and dividends on workers’ compensation insurance.

Texas Mutual Pays Big Dividends to Small Businesses

December 12, 2007 - Texas Mutual Insurance Company announced $684,997 in dividends to National Federation of Independent Business (NFIB) workers’ compensation purchasing groups today. The dividends were based largely on the groups’ overall loss ratios.

“Our members are small and independent businesses. Many are at a disadvantage competing against larger businesses,” said Stephanie Vincent, NFIB group administrator. “These dividends will help them level the playing field.”

The largest dividend went to the NFIB wholesale/retail group, which received a $353,072 check. The NFIB construction group received a $236,117 dividend, adding to its five-year history of earnings. Meanwhile, the NFIB manufacturing group earned $95,808, its first dividend from Texas Mutual Insurance Company.

The NFIB is a nonprofit, nonpartisan organization representing small and independent businesses. Texas Mutual Insurance Company is a leading writer of purchasing groups in Texas.

*NOTE: Past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.

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Qualifying class codes
Qualifying class codes included in NFIB Manufacturing are:
1924, 2003, 2040, 2041, 2068, 2095, 2111, 2121, 2157, 2172, 2220, 2286, 2288, 2361, 2380, 2501, 2503, 2534, 2576, 2578, 2670, 2683, 2688*, 2790, 2802, 2835, 2881, 2923, 3022, 3041, 3064, 3066, 3111, 3113, 3114, 3126, 3131, 3146, 3179, 3220, 3223, 3224, 3227, 3255, 3257, 3300, 3383, 3548, 3574, 3629, 3632, 3643*, 3648, 3681, 3685, 3824, 3865, 4038, 4062, 4112, 4114, 4130, 4150, 4243, 4250, 4273, 4279, 4282, 4410, 4417, 4431, 4432, 4452, 4459, 4484, 4558, 4611, 4653, 4692, 4693, 4717, 4720, 4902, 4923, 6504, 6823

*Tanning: Store and dealer categories - refer to NFIB Wholesale/Retail Purchase Group or call your Texas Mutual® representative for more details.

Contact information
For more information about NFIB Manufacturing purchasing group or other NFIB purchasing groups (NFIB-Wholesale/Retail and NFIB-Construction), contact stephanie.vincent@nfib.org, or call (512) 476-9847.

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Texas Mutual® is a registered service mark of Texas Mutual Insurance Company.