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WCF Declares 8% Dividend to Be Distributed in May

April 11, 2019
This year, WCF Mutual Insurance Company is issuing a $16 million dividend to be distributed to Utah policyholders the fourth week of May. WCF Mutual Insurance Company policyholders can expect to receive 8% of their 2018 premium.
“We are pleased to be in a position to share our financial results with our loyal policyholders,” said WCF Insurance 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 excellent care for injured workers, and facilitate a stable pricing environment.”
With this distribution, WCF will have paid more than $452 million in dividends to its Utah policyholders since 1992, a total of 9% of net premium. Nearly 20,000 Utah businesses will receive a portion of the $16 million policyholder dividend.

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

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