For the third consecutive year, the Louisiana Medical Mutual Insurance Company will be returning a dividend to all LAMMICO policyholders in Louisiana and Arkansas.
Nearly 6,000 policyholders will receive a 10 percent dividend of a policyholder’s written premium.
The total dividend declared is approximately $5.1 million.
The current announcement follows two previous dividends equaling 20 percent in total. All policyholders holding a LAMMICO policy as of Dec. 9, 2009, will receive dividend checks during the first quarter of 2010.
Source: LAMMICO, www.lammico.com.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
London Broker Howden Plots Giant Capital Raise on IPO Path 
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
One Weather Firm Warns New England Could See Big Hurricane This Season 
Coca-Cola Suspends Fairlife Operations After Cyberattack 
