Press Releases

HEMIC Announces an EPIC Change in Hawai`i’s Insurance Market

New Subsidiary, Employers’ Protective Insurance Agency (EPIC), to Offer Temporary Disability Insurance HONOLULU, HAWAI‘I — Hawai`i Employers Mutual Insurance Company (HEMIC) announces the launch of a new, wholly owned subsidiary: Employers’ Protective Insurance Company (EPIC). EPIC’s initial product offering will be Temporary Disability Insurance. “We believe TDI is a natural complement to workers’ compensation insurance, as it is required by statute for all businesses, provides coverage for non-occupational disability, and utilizes a similar claims process,” said Martin J. Welch, CEO of HEMIC. “With our expertise, technology, resources and commitment to the State of Hawaii, we believe we can provide faster,... Read More

HEMIC Directors Declare a $3.5 Million Dividend

HONOLULU, HAWAI‘I — The Board of Directors of Hawai’i Employers’ Mutual Insurance Company, Inc. (HEMIC) has declared a $3.5 million dividend payable to qualifying policyholders. This is the twelfth consecutive year that the HEMIC Board has authorized a multi-million dollar dividend. With this dividend, HEMIC will have returned over $34.5 million to Hawai’i businesses over the last twelve years. Policyholders insured with HEMIC for more than one policy year who have demonstrated a strong commitment to safety qualify for the dividend, which will be distributed in November. Said HEMIC Chief Executive Officer, Martin Welch, “HEMIC’s Board of Directors are pleased... Read More

HEMIC Understands Management Challenges

Has anybody seen Doug? This supervisor is looking for a missing crew member. You have enough to worry about running your business. Let HEMIC worry about your Workers’ Compensation insurance. HEMIC: No Worries.

HEMIC Rated A (Excellent) with Stable Outlook by A.M. Best

December 21, 2017 — HONOLULU, HAWAI‘I — A.M. Best Co. has affirmed the Financial Strength Rating of A (Excellent) and the Issuer Credit Rating of “a” for Hawaii Employers’ Mutual Insurance Company, Inc. (HEMIC). The outlook of these Credit Ratings continues to be “Stable.” HEMIC has attained an A rating from A.M. Best every year since they were first rated in 2007. HEMIC is the leading provider of workers’ compensation insurance in Hawaii, serving over 6,500 businesses with over 75,000 workers. “As a mutual insurance company, our primary obligation is to our policyholder members,” said Marty Welch, Chief Executive Officer... Read More