West Trenton, N.J.-based insurer New Jersey Manufacturers Insurance Company said it will pay a special dividend to policyholders totaling $61 million for the 15th year in a row.
The payment is in addition to the regular dividend payments that the company has made uninterrupted since 1918.
Approximately 405,000 personal auto policyholders in New Jersey and Pennsylvania will receive the special dividend checks averaging about $149 each from mid-November through mid-December.
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