Tuesday, March 6, 2018

Chesapeake Employers’ Insurance to pay out $20M dividend to certain policyholders

Chesapeake Employers’ Insurance Co. plans to pay a $20 million corporate dividend to qualifying policyholders over two years. CEO Tom Phelan made the announcement in a video message to policyholders Tuesday. Chesapeake Employers’ Insurance, formerly IWIF, is the state’s largest writer of workers’ compensation insurance. Dividends are not guaranteed. Policyholders who will see a portion of the pay out include those whose loss ratio is interpreted to prove they are committed to workplace safety,…



from https://www.bizjournals.com/baltimore/news/2018/03/06/chesapeake-employers-insurance-to-pay-out.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171596920412

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