Oklahoma Physician Liability Insurer Declares Policyholder Dividends

Oklahoma City-based Physicians Liability Insurance Company (PLICO), announced it is declaring a dividend for its 2008 policyholders who renew their policies for 2009.

The dividend will be either 3 percent or 6 percent of the 2008 premium and the amount will be credited to the 2009 renewal premium.

The company said it is in the best financial condition of its 30-year history and felt insureds who have stayed with PLICO during a “trying time” should be rewarded.

Source: Physicians Liability Insurance Company