TLIE Gives Back Record $7 Million to Insureds
TLIE NewsTexas Lawyers’ Insurance Exchange has now been serving Texas lawyers for over 41 years offering exceptional malpractice insurance and unrivaled customer service. TLIE is the only insurance company in Texas that is owned by the lawyers it insures.
When TLIE’s claims experience is favorable, TLIE gives money back to its insureds. Over the past several years, the number of claims made against the lawyers insured by TLIE has declined producing strong financial results for TLIE’s insureds. As a result of that success, TLIE’s Board of Directors declared on December 10th the largest policyholder distribution in TLIE’s history in the amount of $7,000,000! The amount of distribution that each TLIE insured will receive is based upon the amount of premium paid by the insured. TLIE has now returned a cumulative total of $65,800,000 to its insureds over the past 24 years.
