Energy Insurance Mutual Limited News

David L. Hader Award Nominations Requested

The first David L. Hadler Risk Manager of the Year award was presented at EIM’s 25th Risk Manager’s Information Meeting in 2011.  The award is dedicated to the memory of Mr. Hadler, who was the President and CEO of Energy Insurance Mutual from 1993 until 2009. It is awarded to the Member Company risk manager who…
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AM Best affirms EIM’s “A” Rating

On June 1st, 2020, AM Best affirmed EIM’s Financial Strength Rating (FSR) and Issuer Credit Rating (ICR) of “A” (Stable) and “a” (Positive), respectively. In affirming both ratings, AM Best noted that EIM’s balance sheet is “underpinned by the strongest level of risk-adjusted capitalization as measured by Best’s Capital Adequacy Ratio (BCAR) model, a sound…
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COVID-19 Public Announcement

UPDATE: August 24, 2020 We hope this announcement finds you, your families, and your colleagues healthy and safe.   EIM’s “return to work date” has been moved to January 2021. During this period, staff will continue to provide members the outstanding service that is the hallmark of EIM. Many employees will continue to work from…
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Jeffrey Tkacz Promoted to Chief Financial Officer

FOR IMMEDIATE RELEASE TAMPA, Fla., January 21st 2020 – Energy Insurance Mutual Limited announced today the appointment of Jeffrey M. Tkacz as Vice President and Chief Financial Officer, effective March 1, 2020. Tkacz will succeed Tommy Bolton, who will become President and Chief Operating Officer on March 1, 2020, and will succeed Scott Goodell as…
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  Happy Holidays Extending our best wishes for the Holiday Season and thanking you for your support, loyalty, and friendship.  From all of us at EIM, EIS and ECM, we wish you good health and a prosperous New Year.   Energy Insurance Mutual | 3000 Bayport Drive, Suite 550 Tampa, FL 33607
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$50 Million Supplemental Distribution Declared

In September 2019, EIM reported that the Board had approved a supplemental distribution of $25 million to be paid on or before November 30 to members of record as of September 30, 2019.  At the most recent Board meeting, held last week on November 14, 2019, the Board approved an increase of the supplemental distribution…
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Scott Goodell to Retire in May 2020, Tommy Bolton to Succeed Goodell as President and CEO

FOR IMMEDIATE RELEASE TAMPA, Fla., Aug. 20, 2019 – Energy Insurance Mutual Limited announced today that its President and CEO, Scott Goodell will retire in May 2020, after more than ten years with the company. Tommy Bolton, EIM’s Vice President and Chief Financial Officer, will succeed Goodell as President and CEO. “Scott has been a…
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A.M. Best Revises Issuer Credit Rating Outlook to Positive for EIM

On May 13, 2019, A.M. Best affirmed EIM’s Financial Strength Rating (FSR) and Issuer Credit Rating (ICR) of “A” (Stable) and “a” (Positive), respectively. In affirming both ratings, A.M. Best noted that EIM’s balance sheet is “underpinned by the strongest level of risk-adjusted capitalization as measured by Best’s Capital Adequacy Ratio (BCAR) model, a sound…
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