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News of the Township
Moraine Receives Insurance Dividend

For Immediate Release
date: March 24, 2013
Contact: Mari Barnes, Supervisor, 847-432-3240, super@morainetownship.org

MORAINE RECEIVES DIVIDEND PAID TO TOIRMA MEMBERS

Moraine Township recently was informed that, for the second year, they will be receiving a dividend returned from their insurance provider. As a member of the Township Officials of Illinois Risk Management Association (TOIRMA) for over five years, Moraine Township was eligible to participate last year for the first time (receiving $1,909) in the program allocating dividends to members. This year, the dividend is $2,081.

TOIRMA is a self-funded intergovernmental pool established to provide coverages exclusively for Illinois townships that are members of Township Officials of Illinois. This is their twenty-second year paying dividends to members.

Supervisor Mari Barnes said that "we made the decision early in our administration to combine excellent coverage with reasonable insurance rates. The fact that TOIRMA also yields dividends is certainly a welcome enhancement."

Annually, the Township pays approximately $14,000 to TOIRMA for coverage including van insurance, building insurance, and workman's compensation claims.

Contact the Township Office at 847-432-3240 or email Supervisor Barnes at <super@morainetownship.org> for further information. Consult the Township's website at http://morainetownship.org on this and many other subjects.

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