PCAT Declares $2 Million Dividend, July 2008

The Property Casualty Alliance of Texas (PCAT) Board of Trustees approved a two-million dollar ($2,000,000) dividend for all PCAT Members who are still a Member at the end of the current fiscal year.  PCAT has enjoyed phenomenal success since program inception in 2003, and is well-positioned to continue cost stability without sacrificing quality in its claims, loss prevention and administrative services.  Maintaining a strong balance sheet while also returning dividends to PCAT Members achieves several key objectives.