2012
$145
2013
$161
2014
$179
2015
$197
2016
$217
2017
$238
2018
$260
2019
$282
2020
$299
2021 2022
$316
$333
For the 11th year in a row,
MEMIC is returning more than 10 percent of policyholders' premium to employers in nearly
every town in all 16 counties in Maine. This year, more than 14,000 employers who are current
policyholders will receive a check in early November for
approximately 12 percent of the premium
they paid to MEMIC back in 2019.
Since 1998, MEMIC has returned a total of $333 million to employers based on strong financial
results, fueled by fewer workforce injuries and diligent injury management. That record of success
is testament to all our policyholders who have helped make safety part of their daily routines. In
fact, injuries in Maine have been reduced by more than 50 percent, which has dropped the cost
of insurance by more than 60 percent since the landmark reforms of 1992. Let's all keep up the
good work.
Michael P. Bourque
President and CEO
" Our mission is to make workers' comp work
better, with compassion, trusted partnerships,
and relentless commitment to workforce safety.
Producing a profit to generate dividends is one
way we deliver on that mission for our Maine
policyholders."
ANOTHER
DOUBLE DIGIT
SAFETY DIVIDEND
$17 Million Spread Across
All 16 Counties
MEMIC.COM/DIVIDEND
