2021 NBAA Workers' Compensation Insurance Program Dividend Announcement
Old Republic Aerospace is pleased to announce in the spring of 2021, dividends in excess of $1.4 million were paid in association with prior program years. This dividend disbursement is the single highest total disbursement in the history of the NBAA Workers’ Compensation Insurance Program. Members in the program have received over $7.9 million in dividends since the program’s inception in 2009.*
The program, which has been underwritten by Old Republic Aerospace for over 10 years, was launched to provide NBAA members with cost-effective insurance solutions, tailored specifically to the needs of aviation businesses.
Policies cover employees involved with the company’s aviation operations, including but not limited to pilots, maintenance technicians, flight attendants, schedulers, dispatchers and administrative personnel. There are also options for companies using contract pilots, contract flight attendants and other contract crew.
*Dividends are declared by Old Republic International Corp.'s Board of Directors and are dependent upon the NBAA group loss experience and therefore are not guaranteed. Past dividends should not be considered as an indicator of future performance.