April 1, 2024 by matray

The Doctors Company approved a 2024 premium dividend of approximately $14.7 million, bringing the company’s total of declared dividends to date to $470 million.

“We are pleased to reward members once again with earned dividends,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company and TDC Group. “Dividends are an important part of our mission to advance, protect, and reward the practice of good medicine.”

Dividends of up to 10% were approved by The Doctors Company Board of Governors for eligible members in the following states: Florida, Idaho, Illinois, Maryland, Massachusetts, Michigan, Montana, North Carolina, Ohio, Texas, Virginia, Washington and Wyoming. Members of the American Academy of Otolaryngology—Head and Neck Surgery and the American Society of Plastic Surgeons may also receive a dividend, depending on their eligibility.

Eligible members will receive this year’s dividend on their annual premium for policy renewals between July 1, 2024, and June 30, 2025.

“As a member-owned company, we are committed to sharing the results of our financial success with the healthcare professionals we insure,” said Deepika Srivastava, chief operating officer of The Doctors Company. “Our multiyear dividend program recognizes the outstanding outcomes achieved by our members.”