Policyholder Dividends

As part of its pledge to exercise stewardship of policyholders' funds, New Jersey Manufacturers Insurance Company has shared its financial success by paying dividends to policyholders every year since 1918. During 2006, a total of $164.0 million was returned to policyholders in all lines of business.

Each policyholder's dividend is computed as a percentage of the premium paid for the past policy year. The percentage amount varies based on the Company's operating experience. Dividends are not guaranteed in the future.

Regular Dividends are typically credited at the end of each 12-month policy contract.

Workers' Compensation policies issued by NJM are receiving a Regular Dividend of 15% of their premiums. New Jersey Re-Insurance Company Workers' Compensation policyholders are seeing a return of 5% of their premium.

Commercial Auto policyholders are receiving 15% of the premiums paid for their Liability and Physical Damage coverage as a Regular Dividend.