WCF Declares $15.8M Dividend

WCF Insurance, Utah’s workers’ compensation state fund, has declared a $15.8 million dividend that will be distributed to policyholders in late May. Policyholders can expect to receive 7.5% of their 2016 earned premium, WCF said. The dividend will be paid to more than 20,000 Utah businesses. This year’s dividend follows a 10% dividend paid to policyholders in May 2016. More than 19,000 businesses in Utah received a portion of the $21 million dividend. With this latest distribution, WCF will have paid more than $418 million in dividends to its policyholders since 1992, or 9...