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TMLT Policyholders to Save $20 Million in Dividends - On June 22, 2012, the Board of Governors of Texas Medical Liability Trust (TMLT) approved a 15% dividend for policyholders who renew in 2013. The dividend will save them approximately $20 million in 2013 premium - TMLT.org
TMLT Policyholders to Save $20 Million in Dividends

 

NewswireToday - /newswire/ - Austin, TX, United States, 2012/07/23 - On June 22, 2012, the Board of Governors of Texas Medical Liability Trust (TMLT) approved a 15% dividend for policyholders who renew in 2013. The dividend will save them approximately $20 million in 2013 premium - TMLT.org.

   
 
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This is the eighth time TMLT has declared a dividend, saving policyholders approximately $226 million since 2005.

Texas physicians interested in applying for TMLT coverage or learning more about how this dividend will benefit them can email or call the sales department at 800-580-8658, extension 8603. Current policyholders will receive detailed information about the dividend before their policy renews.

As the leading medical professional liability (MPL) provider in Texas, the Trust offers its policyholders a strong defense at a low premium. Benefits also include:

• $100 million dedicated to the Trust Rewards program a nest egg program that rewards TMLT policyholders for their loyalty and commitment to quality medicine;
• medefense coverage for administrative actions;
• cyber liability for privacy-related claims; and
• approximately $539 million in savings from eight consecutive years of rate reductions.

TMLT president and chief executive officer quote
"The 15% dividend is just one of many reasons why Texas physicians should choose TMLT. We provide products, customer service, and flexibility that set us apart. Unlike our out-of-state competitors TMLT is uniquely rooted in the Lone Star State and committed to Texas physicians," says TMLT President and Chief Executive Officer Charles R. Ott, Jr.

About TMLT

The largest medical liability insurance provider in Texas, TMLT (tmlt.org) serves more than 15,500 Texas Medical Association (TMA) member physicians. Rated A (Excellent) by am. Best Company, the Trust was created and is endorsed by TMA. TMLT is headquartered in Austin, Texas.

 
 
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Written by / Agency / Source: TMLT

 
 

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TMLT Policyholders to Save $20 Million in Dividends

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Publisher Contact: William Malamon - TMLT.org 
512-425-5898 billy-malamon[.]tmlt.org
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TMLT securities in any jurisdiction including any other companies listed or named in this release.

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