FM Announces Record $1.5 Billion Membership Credit for Policyholders
FM, a commercial property insurer, announced a record $1.5 billion membership credit for eligible mutual policyholders in 2026, driven by strong loss prevention efforts and historically low losses. This marks the largest-ever credit in the company's 25-year history, with the total credit for 2026 reaching $2.3 billion, exceeding 100% of FM's 2025 underwriting profit.
Tickers: $FM
Topics: financial performance insurance loss prevention membership credit mutual company