HEMIC Declares $5 Million Dividend for Policyholders

Wednesday, September 10, 2025 | 92 | 0

HEMIC returns dividends for the 19th consecutive year, reflecting safer workplaces, strong partnerships, and long-term stability.

HONOLULU, September 10, 2025 - The Board of Directors of Hawaii Employers' Mutual Insurance Company, Inc. (HEMIC) is pleased to declare a $5 million dividend for qualifying policyholders, marking the second consecutive year at this record level. With this declaration, HEMIC will have returned more than $58 million in dividends to Hawai'i policyholders since 2007, celebrating 19 consecutive years of dividend distribution.    

This year's dividend reflects HEMIC's ongoing commitment to technical excellence, innovative programs, and strong partnerships that promote safer workplaces.  

Said HEMIC CEO, Martin Welch, "HEMIC's dividend program is an important expression of our relationship with our policyholders. It reflects the technical expertise that our service teams provide, the strength of our partnership with policyholders, and our shared commitment to the rigorous pursuit of safety. With industry trends leaning toward fewer but more severe claims, a strong safety culture has never been more critical for protecting workers and sustaining businesses."  

As Hawai'i's only local, mutual insurance company, owned and governed by its policyholders, HEMIC is dedicated to serving Hawai'i businesses and their workers with superior service. Through its dividend program, HEMIC shares its success with loyal policyholders who contribute to it by fostering safe and productive workplaces. 

"We are pleased to be able to issue another $5 million dividend, a result of strategic priorities that have strengthened our financial foundation and positioned us for sustainable growth. Our strong financial position, built on a conservative capital management strategy with diversification across asset classes and sectors, ensures that we will be here to serve Hawai'i businesses for the long term and fulfill our financial promises," said Jason Yoshimi, HEMIC President and CFO. 

To qualify for a dividend, HEMIC policyholders must be insured for more than one consecutive policy term and demonstrate a history of good performance. 

HEMIC is the largest writer of workers' compensation in Hawai`i, providing risk management services to local businesses. While the law does not allow any insurance company to guarantee future dividends, HEMIC's Board of Directors considers dividend payouts an important goal and a reflection of the company's commitment to policyholders.  

About HEMIC 

HEMIC is the State of Hawai'i's leading workers' compensation insurance company, and a private mutual insurance carrier that cares for nearly 7,000 businesses and over 75,000 workers across the Hawaiian Islands. An expert in safety, HEMIC helps employers prevent workplace injuries as well as care for injured workers. HEMIC is rated "A" (Excellent) for financial strength by AM Best.  

HEMIC has two wholly owned subsidiaries to help businesses with their additional insurance needs: Employers' Protective Insurance Company, Inc. (EPIC) provides temporary disability insurance (TDI) and HEMIC Insurance Managers, Inc. (HIMI) brokers other lines of commercial business insurance, offers risk management consulting services, and provides multiline third-party administrator claim services to self-insured and captive entities. 

To learn more about the HEMIC Family of Companies, please visit www.HEMIC.com