Beacon Mutual to return $6M in dividends to policyholders

Updated at 4:51 p.m.

BEACON MUTUAL INSURANCE CO. will distribute $6 million in dividends to policy holders in the third quarter tied to safety performance and policy size. Above, company President and CEO Brian J. Spero. / PBN FILE PHOTO/MIKE SKORSKI
BEACON MUTUAL INSURANCE CO. will distribute $6 million in dividends to policyholders in the third quarter tied to safety performance and policy size. Above, company CEO and President Brian J. Spero. / PBN FILE PHOTO/MIKE SKORSKI
WARWICK – Beacon Mutual Insurance Co. on Tuesday announced it will distribute $6 million in dividend payments to its “safest policyholders,” the largest dividend in the company’s history. The insurance company is the largest provider of worker’s compensation insurance in Rhode Island. The dividend also marks the first time the company has rewarded safety performance…

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