Norcal Mutual Announces 2011 Dividend for California Insureds

Norcal declared a 2011 dividend, which will be returned to policyholders in the form of premium credits to eligible individual physicians, medical groups and healthcare facilities. The 2011 dividend equates to approximately 10 percent of eligible policyholders' 2010 premiums. Norcal has advised us … [Read more...]

NORCAL Dividend: As Good As a Discount

NORCAL Mutual Insurance Company announced last week they will declare a dividend for 2010. The dividend equals about 10 percent of the prior policy-year premium for all California medical malpractice insureds. The dividend is applied just like a discount to the insurance billing statement. The … [Read more...]

Medical Malpractice Company Pays Dividends

Generally speaking, once a premium is paid to an insurance company, it is gone. The Louisiana Medical Mutual Insurance Company (LAMMICO,) which was founded in 1981, announced its first dividend to policyholders in the spring of this year, 2008. That's quite a long time to wait for a dividend return, … [Read more...]