Texas Mutual Insurance Co. announced that its board of directors voted unanimously to approve a company-record $260 million dividend distribution in 2017. Qualifying policyholder owners across Texas will share the dividend, which will be distributed beginning in June. Texas Mutual …
Workers’ compensation insurer The MEMIC Group announced this week that policyholders of its Maine-based company, Maine Employers’ Mutual Insurance Company (MEMIC), will receive dividend checks totaling more than $16 million this November, a record amount for the company. The announcement …
United Fire & Casualty Company (United Fire), based in Cedar Rapids, Iowa, announced a total policyholder dividend equal to $615,856 to members of its participating state Land Improvement Contractors Associations (LICA). “The state LICA policyholder dividend rewards insured participants based …
