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Just for Employers


In 2024, Texas Mutual distributed $350 million in dividends to over 70,000 policyholders. For 26 years, our dividend program has played a fundamental role in our work toward building a stronger, safer Texas. We’re proud to be able to reward our policyholders for their dedication to maintaining safe work environments and trusting us to protect their businesses.

Ownership pays

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. We choose year after year to reward qualifying policyholders who contribute toward keeping employees safe and losses low. We have distributed dividends for 26 consecutive years, bringing the payout total to over $4.4 billion.

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Over $4.4 billion paid in dividends since 1999

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Sharing our financial strength

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.

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.

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

Whether you’re a new policyholder or have been with us for several years, you can qualify for a dividend. Eligible policyholders include those who have a current, in-force policy and are in good standing.

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.

When you choose 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 and have acceptable combined loss ratios from the prior calendar year.

Historically, Texas Mutual has paid individual dividends in June.

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. In 2023, Texas Mutual paid over $22 million in safety group dividends.

Learn about safety groups

Receiving a dividend

We mailed 2024 dividend checks in late June. You or your agent can log in to Texas Mutual Online (TMO) to see dividend information. Policyholders who don't have an account but wish to log in and see their dividend information should create an online account and request dividend access.

We currently do not offer direct deposit. We can reissue checks if you misplace or accidently discard it. Contact our Information Services Center for more information.

See dividend FAQs

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

Explore safety groups

Safety group members can earn an additional dividend. See if a safety group is a good fit for you to maximize your dividend potential.

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.

Are you a new policyholder?

Log in to access your safety resources
and policy tools.