Lawyers Mutual Declares Dividend
Lawyers Mutual is pleased to again be able to declare and pay a policyholder dividend. The dividend represents approximately 5.3% of the final premium paid on 2022 policies.
This year’s dividend represents the nineteenth time since 1999 that Lawyers Mutual has declared and paid a policyholder dividend, and the twelfth consecutive year. With the approximate one million dollars that we will pay to our policyholders during 2023, total dividends paid since 1999 will equal approximately $19.3 million and $10.4 million over the past ten years.
"While we cannot guarantee the payment of future dividends, we guarantee our continuing commitment to returning capital to our loyal and valued policyholders when financially prudent," stated President and CEO Dan Zureich. The opportunity to receive policyholder dividends is a major benefit of being insured by a mutual company.
Lawyers Mutual was founded with a simple mission: Lawyers Helping Lawyers. For 46 years, we have done just that for our loyal policyholders while building for a better tomorrow. We are here for you, our insureds. We thank you for your business and continuing loyalty.
About Lawyers Mutual Liability Insurance Company of North Carolina
Lawyers Mutual Liability Insurance Company was the first insurance company in the country formed by lawyers for lawyers. It is the largest legal professional liability insurance provider in North Carolina and the only company that has served the state bar continuously since 1977. For more information, call 800.662.8843, follow us on Twitter at @LawyersMutualNC, connect on our LinkedIn page, like us on Facebook or visit www.lawyersmutualnc.com.
Media Contact
Julie D. Beavers, Director of Client Services
800.662.8843 | julie@lawyersmutualnc.com
