Nonprofits Insurance Alliance of California has declared a $3 million dividend in 2019.
The group will issue the dividend to its qualifying member-insured 501(c)(3) nonprofits renewing their policies from June 1, 2019, to May 31, 2020.
NIAC’s dividend plan issues funds to members based on individual member premiums paid during the dividend period, length of continuous coverage, and favorable claims experience. Since 2007, NIAC has returned a total of $44.1 million in dividends to the nonprofit sector.
NIAC, a nonprofit insurance risk pool, is a member of the Nonprofits Insurance Alliance.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Approach $1M Average, Says Allianz 
Europe’s Insurers Cut Coverage of Weather Losses, Report Says 
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules 
Kroger Plans to Slash 37% of Corporate Jobs in Next Three Years 
