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.
San Diego Sues AppLovin Over Explicit Ads Shown to Kids’ Devices
Climate Science Under Political Attack Reaches US Supreme Court
Prime London Homes Are Increasingly on Frontlines of Extreme Weather
Lyft to Pay $272.5 Million to Settle California Driver Misclassification Claims