Home   |   Alfa Insurance   |   Alfa Health   |   Alfa Dental   |   Alfa Realty   |   County Federations    
ALFA Farmers
ABOUT US PUBLICATIONS AGRICULTURAL RESOURCES COMMODITIES PROGRAMS NEWS & EVENTS BENEFITS & MEMBERSHIP
-> Cultivator
-> Capitol Connection
-> Neighbors
-> Friends & Family
-> Ag Law Book
-> Coloring Book

Publications - Friends & Family
Current Issue
Archived Issues
August 15, 2006   Email to Friend 

Alfa Sets Date For Dividend Payout

Alfa Insurance has announced Sept. 1, 2006, will be the payout date for a $13 million cash dividend to certain Alabama automobile insurance policyholders. The dividend, which equals about 5 percent of Alfa's annual premium on 650,000 policies, will be paid to current customers who have had policies in force since June 30, 2003.

"Consumers have a lot of choices for their automobile insurance right now," said Jerry A. Newby, Alfa president and chief executive officer. "This dividend is our way of thanking Alfa customers for their loyalty."

The policyholder dividend, which was authorized by Alfa's board of directors, will be paid from policyholder surplus on policies in force for the three-year period ending June 30, 2006. Checks will be mailed beginning Sept. 1 to policyholders of Alfa Mutual Insurance Co. and Alfa Mutual General Insurance Co.

Alfa and its affiliates provide insurance and other financial services to more than 1 million customers in 13 states.


  Email to Friend Archived Issues  


e-News Sign Up | Site Map | Weather | Contact us RSS logo RSS Feed Twitter logo Follow us Facebook logo Become a Fan
© Copyright 2003 - 2010 Alabama Farmers Federation.
All Rights Reserved.