MEXICO — Municipal officials have announced that the town has received a $7,816 dividend check from the Maine Municipal Association as a result of its excellent claim experience and good risk management activities.
The association offers three insurance-related self-funded pools for municipal and quasi-public entities in Maine: the Workers Compensation Fund and the Unemployment Compensation Fund, both formed in 1978, and the Property and Casualty Pool formed in 1987.
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. Patricia Kablitz, director of Risk Management Services for MMA, said more than 90 percent of the program participants have received dividends this year because of their good risk management practices.
The three pools are returning in excess of $1.3 million to their members. Since 1997 more than $13.2 million of the dividends have been delivered to participating members.
For more information about any of the MMA Risk Management Services programs, including online training programs and other services, check the offerings at www.memun.org and click on the Risk Management Services link, or call 1-800-590-5583.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.