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HEMIC declares dividend for sixth consecutive year
Monday, October 15, 2012
The Hawaii Employers’ Mutual Insurance Co. Inc.’s board of directors has declared a $1.5 million dividend, the sixth year in a row that qualifying policyholders with good safety records will receive a dividend.

The dividend is the same amount HEMIC’s board authorized in 2011.

Honolulu-based HEMIC is a mutual insurance company that specializes in workers’ compensation insurance.

“HEMIC’s directors believe that it is particularly important to support local Hawaii businesses during these challenging economic times,” CEO Marty Welch said in a statement. “Today more than ever, we recognize the importance of sharing HEMIC’s success with the policyholders that have contributed to our strong financial position.”

 

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