— in expenses

The Company wrote over 85,000 workers' compensation policies in 2024 covering approximately 1.7 million Texas employees. During the year, the Company processed just over 47,000 claims and paid out approximately $460 million in medical and income benefits to injured workers. $350 million in dividends was distributed to approximately 70,000 policyholders and an additional $23 million in dividends was distributed to 26 safety groups.