State Bar of Texas Insurance Trustbenefits

State Bar of Texas Insurance Trust's benefits plans covered 7,442 active participants in 2024, providing life · long-term disability · short-term disability. Insurance premiums totaled $6,155,781. Insurance brokers and agents were paid $1,892,281 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.7% of premiums. That is $254 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.4% from $2,000,721 in 2023.