Press Releases

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

HEMIC Celebrates CEO Marty Welch, Awarded “Business Leader of the Year”

Congratulations, Marty! On Thursday, November 9, HEMIC celebrated our CEO Marty Welch, who was honored with the American Savings Bank Business Leader of the Year award at PBN’s Business Leadership Hawaii awards banquet. This award honors an individual from the business, public, or non-profit sectors who has made a significant difference in Hawai’i. The award is intended to recognize contributions in the last 12-18 months, but judges may also consider a longer pattern of individual leadership. In presenting the Business Leader of the Year award, PBN Publisher Tammy Mencel, spoke of how HEMIC has undergone a culture change and significant expansion... Read More