Hawaii Employers’ Mutual Insurance Company Inc. is giving policyholders the largest dividend in the workers’ compensation carrier’s history.
The HEMIC board of directors recently announced a $5 million dividend to qualifying policyholders.
The company credits HEMIC’s steady growth and policyholder efforts to improve workplace safety for the size of the dividend. To qualify for the dividend, policyholders must show a good historical performance and be insured for more than a term consecutively.
The recent dividend puts the total at $53 million in dividends issued since 2007. The carrier issued a $4 million dividend in September of last year.
HEMIC reports having 7,000 business customers and covering 75,000 workers across the Hawaiian Islands.
Was this article valuable?
Here are more articles you may enjoy.
Litigation Finance Hits a Wall After Bets on Huge Gains Falter 
Product Liability Verdicts Are on the Rise but There Are Ways to Avoid Them 
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say 
