ISBA Mutual Declares Seventh Consecutive Dividend

For the seventh year in a row, ISBA Mutual has declared a policyholder dividend.  The Board of Directors of ISBA Mutual Insurance Company voted at their December 2011 meeting to declare a dividend in the amount of ten percent of each policyholder’s earned premium for 2011.  For most policyholders, this means a dividend roughly equal to ten percent of the premium they paid during 2010.  Over $1.6 million will be distributed.  Dividend checks will be mailed during February 2012.  All firms insured with ISBA Mutual on December 31, 2011 qualify for a dividend.  Firms insured with ISBA Mutual on this date who were not insured by the company for the entire calendar year will receive a prorated dividend.  This is the eighth time ISBA Mutual has declared a dividend.

ISBA Mutual has an A.M. Best rating of A (excellent), and is the endorsed professional liability insurance company of the Illinois State Bar Association.