LEWISTON — The city of Lewiston has received a $18,797 dividend check from the Maine Municipal Association as a result of its claim experience and good risk management activities as a member of MMA’s Property & Casualty Risk Pool.

“It is nice to see Lewiston’s positive loss ratio of less than 50 percent being rewarded by the MMA Risk Pool with a dividend equivalent to 3.3 percent of premium,” city Finance Director Richard T. Metivier said.

In addition to the Property & Casualty Pool, MMA offers two other insurance-related self-funded pools for municipal and quasi-public entities in Maine: the Workers Compensation Fund and the Unemployment Compensation Fund.

The programs are overseen by governing boards of elected and appointed municipal officials. Each year, the boards review the programs’ overall loss experience to determine if dividends may be paid.


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