TGI Earns Dividend from Texas Mutual

Texas Mutual Insurance Co. announced that the Texas Green Industry Workers' Compensation Purchasing Group (TGI) has earned a purchasing group dividend of more than $72,000.

TGI provides a competitive option for workers' compensation coverage for every qualifying member of the Texas Green Industry: landscape and irrigation contractors, nurseries and growers. Hotchkiss Insurance Agency (HIA) formed the group in February 2004 and serves as the groups' administrator and liaison to Texas Mutual Insurance Co., the group's underwriter.

This marks the first year TGI has earned a Texas Mutual purchasing group dividend. The TGI purchasing group has grown to more than $4.2 million in written premium. Texas Mutual Insurance Co. reported in February that TGI is one of its fastest-growing purchasing groups.

"The Hotchkiss agency has done a fantastic job with this group," said Ken Lauber, Texas Mutual vice president of field operations. "With Hotchkiss behind it, I am confident that TGI will continue to grow."

Any Texas insurance agent may place a qualifying client into the group with the underwriter's approval. For a complete list of TGI-qualifying business classifications, go to www.texasmutual.com/agents/group.shtm