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Texas Green Industry Workers' Comp Group Announces Latest Dividend.


DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S.  -- Hotchkiss Hotchkiss may refer to:
  • Benjamin B. Hotchkiss - a 19th century American engineer
  • Hotchkiss et Cie - Hotchkiss Company, a French arms and car manufacturer set up by Benjamin Hotchkiss; full name: Société Anonyme des Anciens
 Insurance Agency, Inc. announced a $297,098 dividend to the Texas Green Industry (TGI TGI Tribunal de Grande Instance
TGI Target Group Index
TGI Thank God It's Friday (US restaurant chain)
TGI Tracheal Gas Insufflation
TGI Tumor Growth Inhibition
TGI Trato Gastrointestinal (Portugese) 
) Workers' Comp purchasing group today. The announcement marked the second dividend payment for the group by Texas Mutual, the program underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite)


UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer.
.

The Texas Department of Insurance (TDI TDI - Transport Driver Interface ) allows employers in similar industries to reduce their workers' comp premiums by purchasing their coverage as a group. The TGI Workers' Comp Group is a TDI-approved purchasing group that is open to most growers Growers are the people, animals, plants, and various living creatures that assist in the growing of plants and other living creatures. More specifically, the term "growers" refers to individual people who put forth effort to grow plants for food and medicinal use, including the , landscape contractors, nurseries, and other green industry businesses. Any Texas insurance agent may place a qualifying client into the group. The group's premium volume and loss ratio were factors in determining its dividend.

"Commitment to sound safety practices are becoming the norm for today's green industry professional," said Anne Davis Schmidt of Hotchkiss Insurance Agency, Inc., the TGI Comp Group administrator. "And we're committed to controlling our group's loss ratio, which has helped our members earn on average more than 10 percent of their premium back in dividends. The numbers speak for themselves and those that believed in the program and got in early are reaping the rewards."

For more information about the TGI Workers' Comp, contact Anne Davis Schmidt by email at adavis@hiainc.com or by phone at (800) 899-3750. For more information about Texas Mutual[R] and a complete list of TGI-qualifying business classifications visit texasmutual.com.

Texas Mutual[R] notes that past dividends are not a guarantee of future dividends, and TDI must approve all dividends.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 5, 2006
Words:247
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