Caribou Utilities District receives $3,011

     Municipal officials have announced that the Caribou Utilities District has received a $3,011 dividend check from the Maine Municipal Association as a result of its excellent claim experience and good risk management activities.     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 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, stated that more than 90 percent of program participants have received dividends this year because of their good risk management practices.
    This year, the three pools are returning in excess of $1.3 million to members. Since 1997 more than $13.2 million of 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 go to www.memun.org and click on the Risk Management Services link, or call 1800-590-5583.