Program Members,
We are excited to announce that the IAMU Safety Group Insurance Program has earned a dividend of almost $6.8M for the 2024/25 policy term! This is the second largest dividend in the history of the program. Earning a dividend of this magnitude is a testament to our members’ commitment to safety and loss control.
The dividend component of the Safety Group Program is important, especially during periods of rising premiums as we have experienced over the past several years. The dividend plan ensures that EMC’s profits are capped and that any excess premiums are returned to members in the form of a dividend.
Member checks will be processed and mailed in January along with details of the dividend calculation. Thank you for your continued support of the IAMU Safety Group Insurance Program.
We are excited to announce that the IAMU Safety Group Insurance Program has earned a dividend of almost $6.8M for the 2024/25 policy term! This is the second largest dividend in the history of the program. Earning a dividend of this magnitude is a testament to our members’ commitment to safety and loss control.
The dividend component of the Safety Group Program is important, especially during periods of rising premiums as we have experienced over the past several years. The dividend plan ensures that EMC’s profits are capped and that any excess premiums are returned to members in the form of a dividend.
Member checks will be processed and mailed in January along with details of the dividend calculation. Thank you for your continued support of the IAMU Safety Group Insurance Program.
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