Mutual Captive to Distribute about $1 Million in annual Dividend Payments

Builders Insurance Group has announced that member mutual-captive company Builders Insurance will distribute about $1 million in the second quarter of 2015 to Georgia policyholders who qualify for the group’s annual dividend payment. To be eligible for a dividend payment, policyholders must have maintained continuous coverage with the mutual captive since Dec. 31, 2011, with an acceptable loss ratio; must have maintained membership in a sponsoring association; and must not have any unresolved receivable balances. The 2015 dividend payment is the mutual captive’s 19th annual such ...