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.
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims
Hackers Hit Sensitive Targets in 37 Nations in Spying Plot
Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud
Tesla Sued Over Crash That Trapped, Killed Massachusetts Driver