From the ATL Insider Survey: Overlooked Firms and Schools

Paul Cravath does not approve of this post.

Light years away and in the distant future, perhaps some alien grad student in Defunct Planet Studies will stumble onto the ATL archives. He’ll conclude, not unreasonably, that the legal industry was a sort of oligopoly. That there were only a handful of firms: Skadden, Cravath, Latham, Quinn Emanuel, Tannebaum Weiss, and those few others that get such a disproportionate amount of our attention. And of course, there were only 14 real law schools.

This singular obsession with

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Schools, Manufacturers Earn Combined $1M in Texas Mutual Dividends

April 27, 2012Email ThisPrintNewslettersTweetArticleComments

Texas Mutual Insurance Co. announced that the Texas Schools Group and Texas Association of Manufacturers safety groups earned a combined $1,094,336 in dividends.

The workers’ compensation dividends were based largely on each group’s overall loss ratio.

The largest dividend, $780,305, went to the Texas Association of Manufacturers safety group. The group has earned $3.4 million in Texas Mutual dividends since 2008.

Members of the Texas Schools Group earned a $314,031 dividend, a 61 percent increase over their 2011 dividend.

In addition to potential dividends, safety group members get discounts on their workers’ compensation premiums. They also have access to workplace safety materials designed for their operations.

Texas Mutual notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.

Source: Texas Mutual Insurance Co.

 

Email ThisPrintNewslettersTweetCategories: Texas / South Central NewsTopics: dividends, texas mutual, workers' compensationHave a hot lead? Email us at newsdesk

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