The board of directors for Utah’s Workers Compensation Fund declared a dividend to be distributed to a majority of policyholders in May.
Policyholders can expect to receive 5 percent of their 2012 earned premium. With this distribution, WCF will have returned more than $351 million in dividends to its policyholders since 1992. This equates to nearly 40 percent of operating income, almost 10 percent of net earned premiums.
Salt Lake City-based Workers Compensation Fund was established in 1917 and is owned by its policyholders and governed by a board of directors. WCF is rated A (Excellent) by the A.M. Best Company.
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
CIAB Survey: Overall Soft Market Conditions Continue in Q2 
One Battle After Another: What TPLF Victory in One State Means for Others 
Luigi Mangione’s State Murder Trial Postponed Indefinitely 
