What if an association doesn’t earn a dividend, but some of its individual members have qualifying loss ratios?

  • Association members will receive a general dividend only if their association, as a whole, has maintained a qualifying loss ratio and contributed to Pinnacol’s surplus.
  • It is important to remember that for the general dividend, the association’s members’ policies have an expiration date between June 2, 2009, and June 1, 2010.
  • The general dividend is calculated using the specific policy period for each members’ policy, regardless of the association’s dividend period.

 

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