Acadia to Pay Nearly $900K in Dividends to New Hampshire Contractor Insurance Programs
WESTBROOK, Maine (March 19, 2013) – Acadia Insurance is paying policyholder dividends for two of its insurance programs in New Hampshire that serve local contractors. Acadia will pay dividends of $268,349 to qualifying members of the New Hampshire Commercial Builders (NHCB) program, and $627,752 to qualifying members of the Maine and New Hampshire Street, Road and Utility (MNSRU) Contractors Safety Group.
“This year alone, we are paying out nearly $900,000 in dividends to eligible group members, and to-date, we have paid out more than $2.1 million since the inception of both plans,” said Lisa Kilbreth, Regional Vice President, Acadia Insurance. “We are proud to support these contractors with targeted insurance and risk management services that are designed to reward qualifying plan members with dividends and promote a strong safety culture to reduce losses.”
Lisa added that Acadia provides risk management support to member contractors through regular safety group meetings that highlight industry trends and loss prevention tips. In addition, safety training is also available for customers through Acadia’s loss control experts, including fall prevention, forklift safety, and driver safety.
The New Hampshire Commercial Builders and the Maine and New Hampshire Street, Road & Utility Contractors programs were founded in 2008 with the help of The Rowley Agency of Concord, New Hampshire and are available through independent agencies appointed by Acadia Insurance. These programs support commercial builder and street or utility contractors with tailored coverage, loss control and risk management expertise.
Businesses interested in participating in the program should contact their independent insurance agent or visit www.acadiainsurance.com to learn more.
For insight on the latest tips and trending topics within the commercial property casualty insurance industry, visit Acadia’s blog at www.acadiainsurance.com/blog.
About Acadia Insurance
Acadia Insurance Group is a regional company 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 is a subsidiary of W. R. Berkley Corporation (NYSE: WRB), one of the nation’s premier commercial lines property casualty insurance providers, and one of the 50 largest diversified financial companies in the United States. Please visit www.acadiainsurance.com.