KEMI Announces $8.2M Dividend

Kentucky Employers’ Mutual Insurance on Tuesday announced an $8.2 million dividend for eligible policyholders. KEMI said more than 13,500 policyholders will receive a dividend payment, and the average check is $600. Recipients must have a current active policy with KEMI and a loss ratio of no more than 65% for the 2018 policy year to qualify. Dividend checks will be mailed starting Aug. 3. KEMI in November 2020 issued an $8.1 million dividend and lowered rates by an average of 6.4%. "Kentucky businesses have shown great resilience following the devastating effects of the global...