Insurance Journal

SEPTEMBER 17, 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 dividend to qualifying policyholders.

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Policyholder Compensation Insurance Companies Workers Compensation 260

Insurance Journal

SEPTEMBER 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 $350 million dividend distribution in 2024. Dividends will be distributed to …

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Policyholder Compensation Insurance Companies Insurance 238

Insurance Journal

MARCH 3, 2025

Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company also announced its highest-ever policyholder dividend of $55 million for 2025. It is the eighth …

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Workers Comp Policyholder Insurance Insurer 238

LexisNexis

SEPTEMBER 17, 2024

With autonomous vehicles or AVs slowly gaining market share and the technology rapidly advancing, this is becoming an increasingly urgent question for insurance companies. Indeed, AV technology could upend the very foundations of the car insurance industry. First, some basics.

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Auto Insurance Insurance Insurer Insured 97

Property Insurance Centre

MARCH 19, 2024

By understanding key terms, policy details, and the rights and responsibilities of policyholders, consumers can engage with insurers more effectively, ensuring better communication and ultimately achieving their desired outcomes.

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Property Insurance Policyholder Insurance Insurer 52

Property Insurance Centre

JANUARY 4, 2024

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” To offset these challenges, reinsurers are passing costs down to primary insurance companies.

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Property Insurance Commercial Property Liability Insurance 52

Distinguished

NOVEMBER 7, 2024

If the principal fails to fulfill these obligations, the surety is responsible for rectifying the breach, either through financial compensation or by ensuring the completion of the contract. The Surety : A third party, often an insurance company, that provides the surety bond, guaranteeing the principal’s performance to the obligee.

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Claim Compensation Risk Broker-Agent 52