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WCF Announces 7.5% Dividend

Salt Lake City, Utah
WCF has declared a $15.8 million dividend that will be distributed to policyholders the fourth week of May. WCF policyholders can expect to receive 7.5% of their 2016 earned premium.
“We are pleased to be in a position to share our financial results with our loyal policyholders,” said WCF President and CEO, Ray Pickup. “They are the owners of our company and contributed to the success of the year by keeping workers safe and on the job. We will continue to fulfill our duty to our policyholders by working to reduce accidents, provide competent care for injured workers and facilitate a stable pricing environment.”
With this distribution, WCF will have paid more than $418 million in dividends to its policyholders since 1992—9% of net earned premium. More than 20,000 businesses in Utah will receive a portion of the $15.8 million policyholder dividend.

This company was issued a secure rating by the A.M. Best Company, click for additional details

Insurance coverage in all states other than Utah is provided by Advantage Workers Compensation Insurance Company, a wholly-owned subsidiary of WCF Mutual Insurance Company, doing business as WCF Insurance. Advantage is domiciled in Indiana; NAIC number: 40517. Administrative office: P.O. Box 571918, Salt Lake City, UT 84157-1918.
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