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El Dorado/ASSIST
Safety Group Members
Earn First-Time Dividend
Texas Mutual Insurance Co. presents dividend check to be disbursed among members of the El Dorado/ASSIST Safety Group. Pictured left to
right: Claudia Arellano, Workers' Compensation Underwriter, El Dorado Insurance Agency, Inc.;
Bob Ring, President, El Dorado Insurance Agency, Inc. and ASSIST Chapter Coordinator;
Michael D. Cullick, Safety Group Coordinator, Texas Mutual Insurance Co.;
Tracey Sullivan, Underwriter, Texas Mutual Insurance Co.
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Being a member of the El Dorado/ASSIST Workers' Compensation Safety Group has paid off again.
Beyond getting the most competitive rates available and all of the advantages of group purchasing, El Dorado Insurance Agency and the Association of Security Services and Investigators of the State of Texas (ASSIST) have announced that members of their Workers' Compensation Safety Group have earned a dividend for the 2000-2001 program year.
This is the first dividend to be awarded since the inception of the Safety Group, and truly a significant event when insurance dividends are so rare.
The dividend ratio was determined by the insuring carrier, Texas Mutual Insurance Co., the largest writer of workers' compensation insurance and the largest writer of group purchasing programs in Texas. The Safety Group's premium and losses are key components in determining whether the group qualifies for a dividend. The greater the premium and the lower the losses, the higher the dividend percentage.
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"The Safety Group continually proves to be a tremendous asset for its members. We are pleased to reward success in safety with this dividend�a rare occurrence in the industry and an essential benefit to being a member of the Safety Group."
-- Bob Ring, President,
El Dorado Insurance Agency |
This dividend is disbursed separately from other dividends that may be earned, and for which members are eligible. Texas Mutual pays Safety Group dividends in addition to any general dividends it may declare and pay to qualifying
policyholders.*
Along with tremendous cost-savings, the El Dorado/ASSIST Safety Group offers members numerous benefits including special offerings of Texas Mutual such as their online services, safety videos, loss prevention services, safety posters, pamphlets, workshops and other tools to help members keep safety a top priority in their workplace.
For more information about the El Dorado/ASSIST Safety Group, contact Claudia Arellano at El Dorado Insurance Agency at 800.221.3386 or 713.521.9251. Also
visit www.eldoradoinsurance.com
or www.texasmutual.com.
* State law prohibits insurance carriers from guaranteeing future dividends.
PDF version available here
(53Kb).
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