What’s New

HEMIC Board Declares $2.5 Million Dividend

The Board of Directors of Hawai`i Employers’ Mutual Insurance Company, Inc. (HEMIC) have declared a $2.5 million dividend payable to qualifying policyholders. Since 2007, HEMIC’s Board has declared dividends every year and with this declaration will have returned over $40 million to Hawai`i policyholders over the last fourteen years.... Read More

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

HEMIC Has Maintained “A” Rating Since First Rated in 2007 NEWS RELEASE — A.M. Best Co. has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Stable) for Hawai`i Employers’ Mutual Insurance Company, Inc. (HEMIC), the largest provider of workers’ compensation insurance in Hawai`i. HEMIC has maintained an A rating from A.M Best every year since they were first rated in 2007. Said Martin J. Welch, Chief Executive Officer of HEMIC, “A.M. Best’s affirmation of our rating is a validation of HEMIC’s financial strength and commitment to Hawai`i’s businesses and workers. From our inception, HEMIC... Read More

Large Deductible Program for Employers

HEMIC's Large Deductible Program is now available for large employers who have the capacity to self-insure a portion of their workers' compensation while benefiting from HEMIC's expertise in claims, safety and risk management.

HEMIC offers a range of deductible options from $15,000 up to $1,000,000 per occurence, in line with NCCI's Rating Values. Optional aggregate limits are also available.

A large deductible program can provide employers with greater control over their workers' compensation program and greater incentive for risk management and loss prevention, resulting in reduced workers' compensation costs over the long-term.

As a 100% local company dedicated to servicing Hawai`i's businesses and workers, we are here to work in partnership with employers and their agents to develop a workers' compensation program tailored to best fit their organization's needs.

... Read More

Kids’ Chance of Hawai`i 2020 Scholarship Recipients: Keahi and Kiana Favela

Congratulations to Keahi and Kiana Favela, Kids’ Chance of Hawaii’s 2020 Scholarship Recipients! Kids’ Chance is non-profit organization dedicated to providing scholarships to children of workers who have been seriously or fatally injured on the job, so that they can achieve their educational goals and follow their dreams. We are inspired by Keahi and Kiana’s story and impressed by their passion and their goals. We wish them pōmaika`i and will be cheering them on as they pursue their professional aspirations. “The doctors and medical staff that took care of my dad during the five days that he was in the ICU... Read More