dividend News

Pinnacol Issues $50M in Dividends to Colorado Employers

Pinnacol Assurance is distributing $50 million in workers’ compensation dividend checks this month to its policyholders. Nearly 53,000 employers throughout the state will receive a dividend. Check amounts are calculated based on the policyholder’s premium size and performance. The average …

Directors for Hawaii Workers’ Comp Insurer HEMIC Declare $3.5M Dividend

The board of directors of Hawaii Employers’ Mutual Insurance Company Inc. has declared a $3.5 million dividend payable to qualifying policyholders. This is $500,000 dollars more than HEMIC’s dividend last year, and is the 11th consecutive year that the HEMIC …

Pinnacol Issues $50M in Workers’ Comp Dividends to Colorado Employers

Colorado workers’ compensation insurer Pinnacol Assurance is distributing $50 million in dividend checks this month to its policyholders. More than 53,000 employers throughout the state — roughly 94.2 percent of the company’s policyholders — will receive a dividend in recognition …

Cattle Feeders Association Earns $716K Safety Dividend from Texas Mutual

Texas Mutual Insurance Co. has awarded a dividend of $176,118 to the Texas Cattle Feeders Association workers’ compensation safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore …

Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group

Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group members’ dedication to making safety a priority …

Texas Construction Safety Group Gets $2.1M Dividend from Insurer

Workers compensation insurer, Texas Mutual Insurance Co., recently awarded a dividend of $2,159,751 to the Texas Construction Association safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore …

Home Builders Safety Group Earns $117,226 Texas Mutual Dividend

Austin-based Texas Mutual Insurance Co. announced it awarded a dividend of $117,226 to the Texas Home Builders (THB) safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore …

Policyholder Dividend Approved for Louisiana’s LAMMICO

Louisiana-based medical professional liability insurer, LAMMICO, announced that its board of directors’ Dec. 10 declaration of a dividend has been approved by the Louisiana Department of Insurance. This marks the eighth time since 2008 that LAMMICO has authorized the payment …

Texas Mutual Awards $62K Dividend to Construction Supply Safety Group

Austin-based workers’ compensation insurer, Texas Mutual Insurance Co., recently awarded a dividend of $62,147 to the Texas Construction Supply safety group. Texas Mutual said the dividend was earned based on the group members’ dedication to making safety a priority in …

Utah Workers’ Comp Fund Distributes Second Dividend in 2014

Workers Compensation Fund in Utah has declared a second dividend in 2014. The $9 million dividend represents 5 percent of premium collected from July 1, 2013 to June 30, 2014. With this second dividend, WCF will have paid 10 percent …