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WCF Declares 5% Dividend to WCF Mutual Policyholders

March 16, 2021
 
WCF Mutual Insurance Company has declared a $9.8 million dividend for its policyholders. Qualified policyholders can expect to receive 5% of their 2020 Utah earned premium sometime during the fourth week of May.

“Even with a difficult year behind us, we are paying a dividend to help relieve pressure from the financial disturbance of COVID-19 and to thank policyholders for their business,” said WCF’s CEO, Ray Pickup. “We’re on a trajectory for a full recover in 2021 with promising new opportunities for growth.”

Since 1992, WCF Mutual has paid over $481 million in dividends, which is more than 9% of net earned premiums.
 

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

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