Just for Employers


Ownership pays at Texas Mutual

Our dividend distribution has always been about more than our financial success. It gets to the heart of consistently rewarding our policyholders for sharing in our mission of building safer workplaces. That’s why we distributed a company-record $330 million in dividends to qualifying policyholders in 2019.

$330 million paid in individual dividends this year


Sharing our financial strength

We choose year after year to reward qualifying policyholders who contribute toward keeping employees safe and losses low. When an employer purchases a policy at Texas Mutual, they are not just buying financial security for themselves and their employees. They're also becoming owners of Texas Mutual.

As a policyholder, you can improve your chance of qualifying for a dividend by prioritizing safety and putting a return to work program in place. We are here to help.

Read more about safety

Learn about return to work

For many policyholders, dividends are key to managing their workers' comp costs. Dividends give more control over the total cost to the policyholder because they are based on the policyholder's loss experience.

They also give us the chance to recognize our policyholders across the state who are working hard to keep employees safe and workers' comp costs low. Because that's a commitment that deserves to be rewarded.

Qualifying for a dividend

We have distributed dividends for 21 consecutive years, bringing the payout total to $2.8 billion. Whether you’re a new policyholder or have been with us for several years, you can qualify for a dividend. We offer three types of dividends for policyholders who have a current, in-force policy and are in good standing with us.

Individual dividends

We reward policyholders by providing them with two different ways to earn a dividend. Safety, paid through the annual component, and loyalty, paid through the retention component, are at the core of a Texas Mutual dividend. By putting safety first and having an acceptable loss ratio for your policy that expired in the previous year, you can earn the annual component.

When you keep choosing to do business with us, you deserve to be rewarded for that loyalty. We reward your trust in us when you qualify for the retention component of the dividend. We recognize policyholders who choose Texas Mutual year after year by rewarding current policyholders for up to four previous, consecutive years of acceptable, combined loss ratios ending with the policy that expired in the previous calendar year.

Early qualifier dividends

We recognize newer policyholders who are putting in the effort to build a safer workplace. Even if you haven’t been with us long enough to earn an individual dividend, we reward your commitment to safety. These dividends are paid separately in November.

Safety group dividends

Policyholders who are safety group members can also qualify for a group dividend if the group has a favorable loss history. By coming together to form safer workplaces, safety group members can potentially earn both an individual and group dividend from Texas Mutual.

Learn more about safety groups

Dividends are based on performance, are not guaranteed and must comply with Texas Department of Insurance regulations.

Receiving a dividend

We reward eligible policyholders by distributing individual dividends in late June. You can log in to your account to see whether you will receive a dividend by mid-June. Policyholders will receive their check from Texas Mutual through the mail or directly from their agent.

We can reissue checks if you misplace or accidently discard it. Contact our Information Services Center for more information.

In most cases, dividends are tax exempt, but employers should consult their tax professional.

Dividend FAQs

See common questions about the dividend process, how to earn one, receiving a dividend and more.

See dividend FAQs

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Prioritizing safety

Reducing safety risks can help you earn a dividend. Our safety experts are here to help you take the first step in building a safer workplace.

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