policyholder dividends News

New York Workers’ Compensation Fund Returned $585 Million to Employers

The New York State Insurance Fund (NYSIF), the state’s largest workers’ compensation insurer, allocated $585 million to New York employers last year through its dividends and return-of-premium programs. Every year, NYSIF returns funds to New York State businesses that exhibit …

Kentucky AGC Self-Insurers’ Fund to Return $18.5M In Dividends, Decrease Rates

The Kentucky Associated General Contractors Self-Insurers’ Fund, a workers’ compensation insurance provider in the state of Kentucky, will return more than $18.5 million, including special fund tax reimbursement, in dividends to qualifying members in March of 2021. The board of …

4,000 Businesses Earn $3M in Texas Mutual Early Qualifier Dividends

Texas Mutual Insurance Co. has paid more than $3 million in early qualifier dividends to approximately 4,000 newer policyholders across the state. The payout is the final component of the workers’ compensation insurer’s $240 million dividend distribution in 2016. The …

Oregon’s SAIF Announces $140M in Dividends to Workers’ Comp Policyholders

The Oregon SAIF board of directors has decided to give workers’ compensation policyholders two dividends this year totaling $140 million. One dividend is based on premium, and the another is tied to safety performance. The board declared a $120 million …

Texas Mutual to Distribute $200M in Policyholder Dividends

Qualifying policyholder owners of Texas Mutual Insurance Co. will share a $200 million dividend distribution this year, the company’s board of directors announced after a unanimous vote on May 28, 2014. As a mutual company, Texas Mutual is owned by …