SAIF Declares $210M Dividend

Oregon’s SAIF Corp. on Wednesday announced a $210 million dividend for qualified policyholders. The dividend will be based on premium for policies that expired in 2020 and will be distributed in July, the carrier said. SAIF said the latest disbursement is the second dividend it has declared during the pandemic. In 2020, the carrier declared a $100 million dividend. SAIF also made $25 million available to businesses through a COVID-19 worker safety fund. “Oregon businesses continue to face tremendous uncertainty,” SAIF President and CEO Kerry Barnett said in a statement. &l...