PHOENIX, AZ - CopperPoint Mutual Insurance Company announced it will pay out safety dividends totaling $2.8 million for 2015 to qualified policyholders. It is the 46th consecutive year the company's Board of Directors approved a dividend payment.
The leading provider of workers compensation insurance began its safety dividends program in 1969, and since that time has returned more than $1.5 billion to qualified policyholders who maintain safe workplaces.
"CopperPoint is pleased we can once again pay a dividend to qualified policyholders, who are our partners in keeping workers safe statewide," said CopperPoint Board Chair Ken Kirk.
The amount paid to each qualified policyholder depends on their annual premium and record of workplace injury claims.
CopperPoint President & CEO Marc Schmittlein added, "In approving this dividend payout, the Board's action reflects CopperPoint's commitment to support local businesses and allows us to reward our safest customers. We could not provide this dividend without the efforts of our employees, our Board and most of all our qualified customers who have earned safety dividends by their efforts to keep their employees safe."
About CopperPoint Insurance Companies
As a leading provider of workers compensation insurance since 1925, CopperPoint provides coverage to more than 12,500 businesses. It has $1.3 billion in surplus and more than $3.5 billion in assets with no debt. Based in Phoenix, CopperPoint Insurance Companies include CopperPoint Mutual Insurance Company and its subsidiaries: CopperPoint American Insurance Company, CopperPoint Casualty Insurance Company, CopperPoint General Insurance Company, CopperPoint Indemnity Insurance Company, CopperPoint National Insurance Company, CopperPoint Premier Insurance Company, CopperPoint Western Insurance Company, MountainPoint Insurance Company and Mountain West Agency Services.
As a leading advocate of workplace safety, CopperPoint is proactive in building a culture of safety and in keeping workers compensation insurance rates affordable. For more information, visit copperpoint.com.
Media Contact:
Judy Schumacher, Vice President
Corporate Communications & Governing Board Services
602.631.2045 | jschumacher@copperpoint.com