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.
Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo
These Five Technologies Increase The Risk of Cyber Claims
US Will Test Infant Formula to See If Botulism Is Wider Risk
Hackers Hit Sensitive Targets in 37 Nations in Spying Plot