The ACCG Interlocal Risk Management Agency Board of Trustees (Property and Liability), which oversees the member-owned property and liability insurance pool for the association, recently voted to return a dividend in the amount of $2 million in the form of a premium credit.  This marks the tenth consecutive year that the program has returned a dividend, which is intended to benefit the long-term participants of the insurance program.

 

The $2 million dividend marks the largest in the program’s history.  The dividend will be returned in the form of premium credit to members that have participated in the program since 2003.  Total dividends returned to the membership since 1997 total $15.6 million.

 

The ACCG - IRMA (Property and Liability) Insurance Program is a non-profit, member-owned property and liability insurance pool designed to meet the insurance needs of Georgia county governments.  The program was established in 1987 and currently has 157 members, comprised of Georgia’s counties and authorities.  The assets of the program currently exceed $103 million.

 

For more information on the ACCG Insurance Programs, contact Ben Pittarelli at (404) 522-5022 or bpittarelli@accg.org.