KEMI Announces $6.2 Million Dividend and Rate Cut

Kentucky Employers' Mutual Insurance Co. has announced it will issue a dividend of $6.2 million for policyholders who meet criteria set for workplace safety and effective claims management.KEMI, Kentucky's state-chartered carrier, said in a news release that dividend payments are currently being calculated and will be paid to policyholders that meet the criteria for the 2010 policy year. The carrier's governing board approved the dividend based on a review by independent actuaries of policyholder equity, exposure to catastrophic losses and overall financial performance.Jon Stewart,...