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 …
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 …
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 …
Texas Homebuilder Workers’ Compensation Group (THB) announced that 2014 dividend payments to policyholders will total more than $500,000. The program is available only to homebuilders in Texas. Founded in 2004 by members of Hotchkiss Insurance Agency LLC, THB is headquartered …
Louisiana Workers’ Compensation Corporation (LWCC) has declared a 2013 dividend of $69.1 million, bringing the cumulative total dividend over the past 11 years to more than $300 million. The dividend, the company’s largest to date, will be paid to qualifying …
The Board of Governors of the Alaska Timber Insurance Exchange, a policyholder-owned workers’ compensation insurance company, announced a $2.2 million dividend is being paid to its members. The dividend represents roughly 33 percent of ATIE’s 2013 direct premiums and it …
Texas Mutual Insurance Co. announced a $669,540 dividend to the Texas Restaurant Association (TRA) workers’ compensation safety group. The dividend was based largely on the group’s overall loss ratio. Since 1999, Texas Mutual has distributed nearly $20 million in safety …
The board of directors of medical professional liability insurer, LAMMICO, has declared another dividend for all policyholders in Louisiana and Arkansas, marking the seventh time since 2008 the company has authorized the payment of a dividend to its insureds. The …
Texas Mutual Insurance Company announced the Texas Medical Group (TMG) has earned a $972,604 workers’ compensation dividend. The dividend is based largely on the group’s collective workplace safety record. Qualifying TMG members have shared in $4.6 million in Texas Mutual …
California’s State Compensation Insurance Fund will begin issuing $100 million worth of dividend payments to eligible policyholders in early July, the state’s largest workers’ compensation insurer announced on Tuesday. The dividend be paid on the 2012 policy year, and eligible …
