ManagedComp Inc., a Woburn, Mass.-based national worker’s compensation underwriter and third party administrator, plans to distribute $5,432,000 in surplus to four self-insurance groups (SIGs) in Massachusetts.
ManagedComp has administered and managed workers’ compensation claims for the groups since 1989 distributing more than $100 million in dividends.
The groups receiving the dividends are the Massachusetts Manufacturing Self-Insurance Group, the Massachusetts Care Self-Insurance Group (nursing homes), the Massachusetts Trade Self-Insurance Group (retail merchants) and the Massachusetts HealthCare Self-Insurance Group (hospitals).
Was this article valuable?
Here are more articles you may enjoy.
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Trump Approves Disaster Requests for at Least 7 States; Others Wait 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies 
