Chesapeake Employers Insurance Announces $60 Million Dividend for Policyholders
(TOWSON, MD)—Chesapeake Employers’ Insurance Company’s Board of Directors has announced an unprecedented policyholder dividend of $60 million for the year 2026.
This announcement marks the ninth consecutive year that Chesapeake Employers is providing dividends to its valued customers. The distribution of the 2026 policyholder dividend will commence in May. From 2018 to 2026, the company will have returned a remarkable total of $235 million to employers across Maryland.
In the previous year, 2025, the company declared a dividend of $55 million, with nearly 97% of its policyholders qualifying for a return of premium.
“As we celebrate our highest-ever policyholder dividend of $60 million for 2026, Chesapeake Employers remains steadfast in our commitment to Maryland’s employers and their workers,” stated Mark Isakson, President & CEO of Chesapeake Employers Insurance. “Our nonprofit business model empowers us to return profits directly to our policyholders, reinforcing the importance of workplace safety and financial stability. By reinvesting in those who prioritize safety, we help build stronger businesses and communities across Maryland. We are proud to continue this tradition of giving back, minimizing uncertainty, and supporting the well-being of both employees and business owners.”
It is important to note that dividends are based on performance and are not guaranteed. The Maryland Insurance Administration has approved the policyholder dividend.
About Chesapeake Employers
Chesapeake Employers’ Insurance Company is recognized as Maryland’s largest writer of workers’ compensation insurance. Operating as a nonprofit, non-stock, private corporation, Chesapeake Employers has been a reliable source of fairly priced workers’ compensation insurance since its inception in 1914.
Media contact: Claudia Ciolfi, 410-494-2193, cciolfi@ceiwc.com
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(TOWSON, MD)—Chesapeake Employers’ Insurance Company’s Board of Directors has announced an unprecedented policyholder dividend of $60 million for the year 2026.
This announcement marks the ninth consecutive year that Chesapeake Employers is providing dividends to its valued customers. The distribution of the 2026 policyholder dividend will commence in May. From 2018 to 2026, the company will have returned a remarkable total of $235 million to employers across Maryland.
In the previous year, 2025, the company declared a dividend of $55 million, with nearly 97% of its policyholders qualifying for a return of premium.
“As we celebrate our highest-ever policyholder dividend of $60 million for 2026, Chesapeake Employers remains steadfast in our commitment to Maryland’s employers and their workers,” stated Mark Isakson, President & CEO of Chesapeake Employers Insurance. “Our nonprofit business model empowers us to return profits directly to our policyholders, reinforcing the importance of workplace safety and financial stability. By reinvesting in those who prioritize safety, we help build stronger businesses and communities across Maryland. We are proud to continue this tradition of giving back, minimizing uncertainty, and supporting the well-being of both employees and business owners.”
It is important to note that dividends are based on performance and are not guaranteed. The Maryland Insurance Administration has approved the policyholder dividend.
About Chesapeake Employers
Chesapeake Employers’ Insurance Company is recognized as Maryland’s largest writer of workers’ compensation insurance. Operating as a nonprofit, non-stock, private corporation, Chesapeake Employers has been a reliable source of fairly priced workers’ compensation insurance since its inception in 1914.
Media contact: Claudia Ciolfi, 410-494-2193, cciolfi@ceiwc.com
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