ManagedComp Pays $5.4M Dividends to MA Cos.

At a time when most employers are struggling with rising workers' compensation costs and finding viable coverage, ManagedComp, Inc., a national workers' compensation underwriter and third party administrator, announced today that it is distributing $5,432,000 in surplus to four self-insurance groups (SIGs) in Massachusetts. ManagedComp has administered and managed workers' compensation claims for the groups since 1989 distributing more than $100 million in dividends. The groups receiving the dividends are the Massachusetts Manufacturing Self-Insurance Group, the Massachusetts Care Self-Ins...