Policyholder News
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Texas Mutual board approves $350 million policyholder dividend distribution
Sep 18 2024 // AUSTIN, Texas September 18, 2024—Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, is announcing today that its board of directors voted unanimously to approve a...
HEMIC in Hawaii Issuing $5 Million Dividend to Policyholders
Sep 18 2024 // 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...
SAIF in Oregon Declares $60M Dividend for Workers’ Comp Policyholders
Sep 11 2024 // The board of SAIF, a not-for-profit workers’ compensation insurer in Oregon, declared a $60 million dividend for their current policyholders. The funds will start being dispersed starting in October, with 51,288...
California Policyholders May Be On the Hook for Wildfire Losses
Sep 9 2024 // California homeowners could be required to pay a surcharge if the state’s insurer of last resort is unable to cover losses from a catastrophic wildfire. The California Department of Insurance sent a bulletin to...
Tennessee DCI Returns $9.5M to Policyholders in Mediated Claims Disputes
Aug 2 2024 // The Tennessee Department of Commerce and Insurance so far this year has secured more than $9.5 million for policyholders whose insurance claims had been denied, the department announced this week. The payments, mostly from...
USAA Renter’s Insurance Policyholder Charged with Multiple Counts of Fraud
Jul 24 2024 // Maryland Attorney General Anthony G. Brown reports that a grand jury for Prince George’s County has handed down two indictments charging an Upper Marlboro woman with insurance fraud. According to Brown, Rhonda Keisha...
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