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By staying committed to safety and aggressively managing our claims, CompGroup AGC is able to earn dividends. In 2005, 2006 and 2007 CompGroup AGC received the largest single dividends ever paid by Texas Mutual Insurance Company. The Safety Dividends earned by our group are in addition to the General Dividends that are declared by Texas Mutual Insurance Company. The following statistics represent these historical dividends earned by CompGroup AGC members:
| Calendar Year |
|
Earned Dividend |
| 2000 |
|
$20,745.53 |
| 2001 |
|
$129,605.92 |
| 2002 |
|
$365,092.90 |
| 2003 |
|
$563,797.77 |
| 2004 |
|
$2,463,121.49 |
| 2005 |
|
$3,501,902.46 |
| 2006 |
|
$5,588,964.55 |
| 2007 |
|
$6,742,224.89 |
| TOTAL as of 8-15-07 |
|
$19,375,455.51 |
Payments of dividends are never guaranteed and are dependent upon the loss ratio and premium volume of the entire group.
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