You are here

AAOIC Declares 22% Dividend!

AAOIC  recently declared a dividend of $1,600,000 which will be paid as a premium credit to insureds who renew in 2018.  This equates to nearly 22%.  AAOIC shares the wealth.  Unlike other insurance companies, AAOIC returns profits to insureds through dividends and premium reductions when actuarially sound to do so.  AAOIC has paid dividends in nine of the last ten years!  Please take this into consideration when companing AAOIC to other professional liability insurance companies.