$22 million for Maine policyholders, the largest dividend in MEMIC’s 25 year history.

More than 17,000 Maine policyholders will receive a record $22 million in dividends this November from MEMIC. MEMIC has authorized the return of more than $263 million dollars to policyholders since 1998. The dividend is paid to employers who buy their workers’ compensation insurance coverage from The MEMIC Group’s mutual company, Maine Employers’ Mutual Insurance Company, based in Portland, Maine.