This year’s dividend follows the Company’s historic, first-ever member dividend declared during 2022.
Because of your loyalty as members and your good practices as lawyers, resulting in a favorable claims experience for the Company — combined with our strong financial standing as we all face the economic uncertainty of 2023 — we THANK YOU by declaring the second annual Florida Lawyers Mutual dividend for qualifying members.
As a mutual company, we exist to serve you, our members. For more than 30 years, we have done that by providing high-quality professional liability insurance, unequaled service by our underwriters and claims specialists, and risk management resources and Continuing Legal Education courses. Your careful practices, coupled with our operational discipline, have culminated in our AM Best “A” rating in recognition of our excellent financial strength.
Your Board of Directors has declared a dividend in the amount of 5% of the premium paid to the Company during the prior policy year to those members who hold an active policy on April 1, 2023 and who paid a full year premium for that prior policy.*
Keep an eye on your inbox for further communication. Dividends will be issued to the Named Insured and distributed mid-year.
*Dividends are paid at the sole discretion of the Company’s Board of Directors. A past dividend does not guarantee the payment or amount of future dividends.
Spread the Word
Declaring this historic dividend is just one of the ways we are working to serve your law practice beyond the insurance policy itself. Did you know we now offer all members an exclusive, cost-free library with over 33 hours of accredited CLE videos (more than enough to meet the reporting period requirement) streaming at your fingertips 24/7 in HD? Or that our policies now include an automatic cyber liability endorsement at no additional premium cost? These benefits, along with our newly launched Cyber Security Resource Center, Lawyer Well-Being Resource Center, Lawyer to Lawyer Hotline, Risk Management Alerts, new easy online payment options, and more are all tailored to serve and celebrate you.
We hope you’ll share the good news with your friends and colleagues.
Thank you for being part of Florida Lawyers Mutual.