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Stock impact report

MICA Announces $16 Million Dividend [Yahoo! Finance]

United Fire Group, Inc (UFCS) 
US:NASDAQ Investor Relations: ir.ufginsurance.com
Company Research Source: Yahoo! Finance
PHOENIX, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Today Mutual Insurance Company of Arizona ® (MICA) announced that its Board of Trustees has declared a policyholder dividend of $16 million. The dividend will be allocated among participating policyholders who are current members as of December 31, 2024, the record date. “As a mutual insurer, our member-policyholders are at the heart of everything we do,” said Edward G. Marley, MICA President and CEO. “This dividend is a testament to our financial strength and commitment to offering unique value for our medical professional liability policyholders. We're proud to share our success directly with our insureds once again.” The dividend represents approximately 18% of a policyholder's 2024 annual premium for those members insured by MICA for a full three-year period ending on the December 31, 2024 record date. Members current as of the record date who were consecutively insured less than the full three-year period will receive a pro-rated am Show less Read more
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