Pinnacol Assurance issued $15 million general dividend to businesses throughout Colorado. This is the ninth straight year Pinacol has issued dividends to customers. Pinnacol Assurance operates similarly to a mutual insurer, treating customers as its owners, which makes them eligible …
The board of Hawaii Employers’ Mutual Insurance Company Inc. declared a $4 million dividend to qualifying policyholders. This marks 17 straight years of policyholder dividends, meaning HEMIC will have returned more $48 million to policyholders in dividends and pandemic premium …
State Compensation Insurance Fund in California on Monday announced plans to distribute a $39 million dividend to its qualifying policyholders with policies that took effect between Aug. 27 and Dec. 31, 2020. The dividend equals roughly 10% of the estimated …
Mutual Insurance Company of Arizona has declared a special dividend designed to provide economic relief to its members. The company will distribute a $12 million dividend to all members with policies in-force as of April 30. The dividend will be …
California State Compensation Insurance Fund announced plans to distribute a roughly $55 million dividend to its qualifying policyholders with policies that took effect between Aug. 20 and Dec. 31, 2019. The dividend amounts 15% of the estimated annual premium reported …
The Montana State Fund board of directors has declared a $30 million dividend to be paid to its safest policyholders. The Great Falls Tribune reports that the Montana State Fund is the state’s largest workers’ compensation insurance company, insuring nearly …
SAIF customers in Oregon will receive $160 million in dividends this year. The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million safety performance dividend …
The board of California’s State Compensation Insurance Fund announced plans to distribute a $105 million dividend to qualifying policyholders with policies that took effect between Jan. 1 and Aug. 19. This dividend equals roughly 15% of the estimated annual premium …
Nonprofits Insurance Alliance of California has declared a $3 million dividend in 2019. The group will issue the dividend to its qualifying member-insured 501(c)(3) nonprofits renewing their policies from June 1, 2019, to May 31, 2020. NIAC’s dividend plan issues …
The board of directors for LWCC, a provider of competitive workers’ compensation insurance to Louisiana employers, has declared a 2017 dividend of $81 million to its policyholders. The amount was distributed to policyholders in April and May, bringing the total …
