Physicians Insurance, a Northwest-based provider of medical professional liability insurance, announced the company will distribute a $5 million dividend to policyholders in September 2013.
This is the sixth consecutive dividend released to policyholders, totaling more than $30 million returned to members in the past six years and more than $70 million in the company’s history. Unlike many public insurance companies, Physicians Insurance pays dividends to policyholders and not out-of-state shareholders, effectively keeping funds in the home communities of its member policyholders.
Source: Physicians Insurance
Was this article valuable?
Here are more articles you may enjoy.
Biggest Diesel Shock Since 2022 Deals Another Blow to US Farmers
Apple Downplays Concerns Using Google AI Models Will Undermine Privacy
The Field Inspection Gap: A Growing Structural Risk in Claims Handling
BASF Warns Iran War Could Trigger Supply Chain Disruption for Carmakers