PORTLAND, Maine, September 30, 2014 – Workers’ compensation insurer The MEMIC Group announced today (Tuesday, September 30) that policyholders of its Maine-based company, Maine Employers’ Mutual Insurance Company (MEMIC), ...
PORTLAND, Maine, September 30, 2015 – Workers’ compensation insurer MEMIC announced today that it will issue a dividend of $18 million to more than 17,000 Maine policyholders this November. The amount, equal to the record dividend issued...
PORTLAND, Maine, October 4, 2016 – Workers’ compensation specialist The MEMIC Group announced today that it will issue a record dividend of $20 million to about 18,000 Maine policyholders this November. The amount represents approximatel...
PORTLAND, ME, October 3, 2017 – Michael Bourque, president and chief executive officer of The MEMIC Group, announced today that the workers’ compensation insurance company will issue a record policyholder dividend this November of $21 mil...
PORTLAND, ME, October 2, 2018 — More than 17,500 Maine employers will receive a record $22 million in dividends this November from The MEMIC Group, the state’s leading workers’ compensation insurer. The board of directors autho...
PORTLAND, Maine – The check is in the mail, the MEMIC dividend check that is. Why can MEMIC return $22 million back to 17,000 Maine employers this year? “Here’s a hint,” said Tony Payne, MEMIC’s senior vice president of ...
(Portland, ME) – In recognition of the economic stress being experienced by many of its 18,000 Maine workers’ compensation insurance policyholders, the Board of Directors of MEMIC has authorized the immediate distribution of a $17 million...
PORTLAND, Maine – For the sixteenth year in a row, the Board of Directors of The MEMIC Group has declared a dividend for its Maine policyholders. The $22 million dividend represents 14 percent of the premiums paid to the mutual insurance compan...
PORTLAND, ME, November 15, 2018 — Why would a company give $22 million dollars back to its customers? As a mutual insurance company, MEMIC is owned and governed by the employers who buy workers’ compensation policies from it. Ma...
(Portland, ME) – The MEMIC Group, specialists in workforce safety, has hired John Coaker as Senior Production Underwriter in the Southeast, offering businesses of every size access to MEMIC’s world-class worker health and safety program. ...