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.
Top National Insurance Journal Stories of 2025 
Stepbrother Suspect in Cruise Ship Death Says He Doesn’t Remember Anything 
Three Top P/C Insurers Account for Most of Insurance AI Patents 
Grand Jury Declines to Indict Man in Fatal Shooting at Kentucky State University 
