Staff Writer
ASHLAND – An excellent claims record has earned the community of Ashland a $3,972 dividend check. A lack of claims in areas such as Workers’ Compensation was identified as the reason the town would be receiving the funds. “The Maine Municipal 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 & 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,” said Town Manager Jim Gardner.
“More than 75 percent of program participants have received dividends this year because of their good risk management practices,” explained Patricia Kablitz, director of risk management services for MMA.
A combined total of approximately $1.5 million will be returned from the three pools to their members this year.
“Since 1997, almost $12 million in dividends have been delivered to participating members,” said Kablitz.
For more information about any of the MMA Risk Management Services programs, including online training programs and other services, check the offerings on their Web site at www.memun.org and click on the Risk Management Services link, or call 800-590-5583.
