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Wednesday, November 18, 2009

Policy Holders at NJM Get Dividends

New Jersey Manufacturers Insurance Company announced that it is  continuing its tradition, as it has done since 1918, of paying dividends to policyholders.


"Workers' Compensation policies issued by NJM are receiving a Regular Dividend of 15% of their premiums. NJM's Board of Directors has approved increasing the rate to 20% for policies expiring January through March 2009. Meanwhile, New Jersey Re-Insurance Company Workers' Compensation policyholders are seeing a return of 5% of their premium."