Dividend News from Lovell Safety Management

New York, NY... Lovell Safety Management Co., LLC, announced the 2015 - 2016 dividend earnings of three of its Safety Groups: Master Painters and Decorators, Safety Group #135   New York Paper Products Manufacturers, Safety Group #162   Roofers and Sheet Metal Employers of Greater New York, Safety Group #411  Safety Group #135 returned to members a 22.5 percent dividend. Qualifying members received an advance discount of 20 percent. The advance discount was increased to  25 percent for qualified insureds who were members of the Group on the 1/1/17 renewal. Safety Group #162 paid a 20 percent dividend. Qualifying members received an advance discount of 20 percent. The advance discount was increased to 25 percent for qualified insureds who were members of the Group on the 1/1/17 renewal. Safety Group #411 paid a 27.5 percent dividend. Qualifying members received an advance discount of 20 percent. The advance discount was increased to  25 percent for qualified insureds who were members of the Group on the 1/1/17 renewal. 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.