Lawyers Mutual NC Declares Dividend
For the thirteenth consecutive year, Lawyers Mutual’s Board of Directors has declared a policyholder dividend. This year’s dividend – approximately 8.1% of the final premium on your 2023 policy – will be paid in 2024 at policy expiration. Including this approximate $1.5 million dividend, which represents a 50% increase over the dividend declared in 2022, by the end of 2024, Lawyers Mutual will have returned $13.7 million to policyholders since 2011.
"In addition to our focus on creating policyholder value, Lawyers Mutual is committed to returning capital to policyholders when financially prudent," stated President and CEO Dan Zureich. “Dividends are one of the major benefits of being insured with a mutual insurance company. When we do well financially, we pay dividends to our policyholders, not shareholders. Our financial interests are aligned.”
Lawyers Mutual was founded with a simple, singular mission: Lawyers Helping Lawyers. For 47 years, we have done just that for our loyal policyholders while building the company’s financial stability so that we are here tomorrow. We thank you for your business and continuing loyalty.
Lawyers Mutual NC – the better choice.
About Lawyers Mutual Liability Insurance Company of North Carolina
Lawyers Mutual Liability Insurance Company was the first mutual 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 continuously served the state bar since 1977. For more information, call 800.662.8843, follow our social channels, connect with us on LinkedIn, or visit www.lawyersmutualnc.com.
Media Contact
Julie D. Beavers, Director of Client Services
800.662.8843 | julie@lawyersmutualnc.com
