United Insurance has some exciting news to share. One of our most valued partners, MEMIC, announced on September 29th that the MEMIC board of directors authorized another record dividend of $21 million for their policyholders in Maine. This decision was based on lower than expected losses on policies issued in 2014. After this year’s return, MEMIC will have given back more than $241 million in capital contribution and dividend returns since 1998.
MEMIC’S successful history of dividend payouts is possible because of their mutual mission to help policyholders first and foremost, reduce workplace injuries, and secondly, return injured workers back to work as soon as possible. United is proud to partner with MEMIC and support their mission
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