HEMIC in Hawaii Declares $5 Million Dividend for Policyholders

The Hawaii Employers’ Mutual Insurance Company Inc. board of directors declared a $5 million dividend for qualifying policyholders.

It is the second consecutive year HEMIC issued a dividend this level. HEMIC will have returned more than $58 million in dividends to Hawai’i policyholders since 2007, marking 19 consecutive years of dividend distribution.

To qualify for a dividend, HEMIC policyholders must be insured for more than one consecutive policy term and demonstrate a history of good performance.

The Hawaii mutual insurance company owned and governed by its policyholders, is the largest writer of workers’ compensation in Hawaii, servicing nearly 7,000 businesses and over 75,000 workers across the Hawaiian Islands.