First, they are declaring a 20% standard dividend for qualifying policyholders with policies that took effect between January 1, 2025, and December 31, 2025. This dividend is approximately 20% of the estimated annual premium (EAP) reported during that period, equal to approximately $200 million. This is the seventh consecutive year they have declared a standard dividend.
The 2025 standard dividend is available to policyholders who meet the following criteria:
- Policy took effect between January 1, 2025, and December 31, 2025
- Policy was not cancelled for cause
- Policyholder paid their final premium bill in full for their 2025 policy by the due date indicated in their final premium bill
- If final payment is not received by the date indicated in the final bill, the policyholder will not receive a dividend.
- Final premium billing for the policyholder’s 2025 policy is based on either required payroll reports, provided by the policyholder to State Fund, and/or upon a physical/virtual audit of required policy records provided by the policyholder.
- If the policyholder fails to provide required payroll reports and/or required policy records for an audit, and as a result an estimated premium is used to determine final premium for the 2025 policy year, the policyholder is not eligible for a dividend for the 2025 policy year.
An eligibility assessment will take place shortly after the policyholder’s final bill has been issued. State Fund will begin issuing the earliest dividend payments as soon as the first quarter of 2026. For more information about the standard dividend, please see this list of FAQs.
Second, State Fund is declaring a 10% large account safety dividend (LASD) for qualifying policyholders with policies that took effect between January 1, 2025, and December 31, 2025. Policyholders with standard premium of $500,000 or greater at date of policy inception (irrespective of whether the standard premium level changes during the policy term) may qualify for this dividend if they meet all the eligibility criteria. The LASD is approximately $8 million.
This is a great opportunity for you to connect with your State Fund clients to ensure they meet the dividend eligibility requirements. State Fund will notify policyholders about the standard dividend declaration via email in the coming weeks.
As your official State Fund Access Partner, we’re happy to address any questions regarding dividend eligibility or payments, please contact Amwins’ Access State Fund at asfnewbusiness@amwins.com .
Thank you,
Your Amwins’ Access State Fund Team
