The $22 million represents nearly 15% of premium paid for policies issued in 2015, the qualifying year for the dividend declaration. The $22 million represents nearly 15% of premium paid for policies issued in 2015, the qualifying year for the dividend declaration. (Photo: Shutterstock)

More than 17,000 Maine employees will receive a record $22 million in dividends this November from The MEMIC Group, the state's leading workers' compensation insurer. With this most recent dividend, MEMIC will have returned more than $263 million to policyholders over the past 20 years.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

Agency Management
Coverage & Policy Issues
Regulation/Legislation
Workers' Comp