Acadia Insurance to Distribute Premium Dividends to Eligible PLC Safety Group Members
WESTBROOK, Maine (October 6, 2017) – Acadia Insurance, a Berkley Company®, recently announced that it will pay nearly $1.5 million in premium dividends to eligible policyholder members of the Professional Logging Contractors of Maine (PLC) Safety Group. Since 1999, Acadia has distributed over $7.6 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.
“We are very pleased to once again issue dividends to eligible PLC members and appreciate the group’s collective commitment to safety,” said Jonathan Becker, Regional Vice President of Acadia Insurance’s Maine office. “It is truly a win-win when we can return premiums while helping protect such a vital part of Maine’s economy.”
The PLC of Maine has been serving loggers since 1995 and aims to give independent logging contractors a voice in the ever changing logging industry. The PLC focuses on advocacy, safety, quality operations and business innovation for loggers. The PLC is a logging organization run by loggers that understands the importance of the logging industry and its impact on the Maine economy.
For more information about the Professional Logging Contractors of Maine Safety Group, please contact Kim Farquhar, Marketing Director, Acadia Insurance, at .
About Acadia Insurance
Acadia Insurance is a regional underwriter offering commercial and specialty property casualty insurance coverages through independent insurance agents with local offices in Connecticut, Maine, Massachusetts, New Hampshire, New York and Vermont. Rated A+ (Superior) by A.M. Best, Acadia Insurance Company is a member company of W. R. Berkley Corporation, one of the nation’s premier commercial lines property casualty insurance providers. Please visit www.acadiainsurance.com.