Acadia Insurance to pay $1.4M in dividends to logging contractors
Courtesy / Professional Logging Contractors of Maine
Acadia Insurance, a W. R. Berkley company recently, announced that it will pay more than $1.4 million in premium dividends to eligible policyholder members of the Professional Logging Contractors of Maine Safety Group.
Acadia Insurance, a W. R. Berkley company recently, announced that it will pay more than $1.4 million in premium dividends to eligible policyholder members of the Professional Logging Contractors of Maine Safety Group.
Since 1999, Acadia has distributed over $9 million in premium dividends to eligible participants of this safety group.
Founded by Acadia Insurance, the PLC Safety Group dividend program rewards logging companies and sole proprietors for having a safe workplace by refunding a portion of their insurance premium if certain measures are met by the entire safety group. In addition, Acadia Insurance, in coordination with the PLC, provides risk management and mitigation expertise to members to help ensure the long-term sustainability of the logging industry in Maine.
“Acadia is once again extremely proud to issue dividends to eligible PLC members,” said Jonathan Becker, regional vice president of Acadia Insurance’s Maine office in Westbrook. “When PLC members keep a safe work environment it benefits not only the members, but also Maine’s economy. It becomes a win-win as we refund premiums to our eligible members.”
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