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Feb 28 2019

Builders Mutual Distributes $2.5 Million Dividend to Policyholders

Jodi Vedelli

Raleigh, NC – Builders Mutual Insurance Company is distributing a $2.5 million dividend to eligible policyholders in Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and Washington, DC.

Builders Mutual has returned dividends totaling more than $55 million in 30 of the 34 years the Company has been in existence.  This year, Builders Mutual is proud to return a dividend to more than 10,000 eligible Workers’ Compensation policyholders.  Returning a dividend to our policyholders is one way we are able to recognize their focus on safety in the work place and the positive results of our company. 

“Builders Mutual is proud to consistently return a dividend to our policyholders who make job-site safety and risk management practices a priority. Their commitment to safety, coupled with our financial stability as a company, make this dividend distribution possible,” stated John Boggs, President/CEO of Builders Mutual.

Headquartered in North Carolina, Builders Mutual is one of the Mid-Atlantic and Southeast’s leading writers of commercial insurance for the construction industry. Since its inception, Builders Mutual has broadened its territory beyond North Carolina to include the District of Columbia, Florida, Georgia, Maryland, Mississippi, South Carolina, Tennessee, and Virginia. The company provides coverage to more than 23,000 policyholders through more than 5,000 sales agents and employs nearly 350 staff at its Raleigh headquarters.

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