With MEMIC, Safety Pays Dividends

At MEMIC, success is shared. The annual dividend is based on MEMIC’s financial performance, claims experience, and the collective success of policyholders in maintaining safe workplaces.
 
Our Most Recent Dividend
In November 2025, MEMIC distributed $19 million in dividends to Maine policyholders. Based on results from the 2022 calendar year, the distribution represented an 11.3% return of premiums paid by eligible policyholders.
 
Estimate Your Dividend
Curious how much your MEMIC dividend could be? Enter your annual workers' compensation premium below to find out.
 
Please note:

• The calculator is based on MEMIC's 2025 dividend return and provides an estimate only.
• Actual dividend amounts are determined annually by the MEMIC Board of Directors.
• Eligibility requirements include having an eligible policy term and active policy status at the time of distribution.

Over 30 Years of Making a Difference

Founded in 1993 to stabilize Maine’s workers’ comp system, MEMIC has grown into a nationally recognized mutual insurer serving over 21,000 employers and 1 million workers.

Mutual Success

As a mutual company, MEMIC returns profits to policyholders—not shareholders. Since 1998, we’ve returned over $389 million in dividends to Maine employers thanks to shared efforts in safety and injury prevention. It's also worth noting that Maine, once the most expensive state for workers’ compensation insurance, has seen a remarkable 57% decrease in workplace injuries and a 75% reduction in insurance costs, reflecting the impact of collective hard work.

➡️ Read MEMIC's 2025 Dividend Announcement Here