Employers Holdings Reports Q1 Results, Increases Dividend, Initiates $125M Repurchase Plan

Employers Holdings, Inc., a major provider of workers’ compensation insurance, reported a decrease in net income and premiums earned for the first quarter of 2025, attributable to higher loss expenses and investment losses, although investment income saw an increase. The company maintained underwriting discipline, with improvements in its commission and underwriting expense ratios, and ended the quarter with a record number of policies in force, up 4% year-over-year. CEO Katherine Antonello highlighted ongoing efforts to refine underwriting and pricing approaches to support profitability and return to new business growth. Reflecting financial strength and confidence in operations, Employers Holdings raised its quarterly dividend by 7% and launched a new $125 million share repurchase plan following early completion of its previous buyback. Analysts currently rate the stock as a 'Hold,' with modest upside potential projected over the next year. The company remains concentrated in California but continues to identify areas for profitable growth across the U.S.