Friedlander Group, a workers’ comp safety group manager, announced a 22.5% dividend paid to members of the Wholesale Group of New York Workers’ Compensation Safety Group No. 551.
The 22.5% dividend is in addition to the 25% group discount clients received on their policies effective from April 1, 2018, to April 1, 2019.
The combination of the 25% group discount and 22.5% dividend resulted in wholesalers saving 42% on their workers’ compensation insurance. For example, a member with a standard premium of $10,000 paid $5,812.50 after discounts and dividends.
Safety groups pr...
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