Tuesday, October 4, 2011

Safety Groups #140 and #251 press release -- dividends!

Lovell Safety Groups Earn Dividends

Lovell Safety Management Co., LLC, announced the 2009 - 2010 dividend earnings of two of its Safety Groups:
         New York Electrical Manufacturers, Safety Group #140
          
         New York State Movers and Warehousemen's Association, Safety Group #251
Safety Group #140 returned to members a 30 percent dividend.  Qualifying members received an advance discount of 20 percent.

Safety Group #251 paid a 20 percent dividend.  Qualifying members received an advance discount of 20 percent.

Lovell Safety Groups are fully insured, non-profit entities that return any underwriting profit to group members. Any extra premium dollars collected-not used to pay losses or expenses-can be returned to members in the form of a dividend. Lovell Safety Groups provide businesses with the benefits of a guaranteed cost premium with additional savings earned through dividends.

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