We hope you had a wonderful holiday. The holidays at MTMIC are always hectic. Over half of all our members’ renewal December and January. Because of this, there are many customer questions to answer, policy documents to send, new state regulatory posters and notices to send to all members. As we start our 39th year of service, this peak in MTMIC work is an annual tradition.

It is also a time we prepare to close the company books for the year. You may have seen my note in the December newsletter, but if not, the 10 policyholder Board members at the Board meeting voted to lay the ground work for a 2015 policyholder/member dividend. This will be the first dividend for the company since 2007. We do not have the specifics of the dividend. The details of the dividend will be completed once we have finalized the company December 31, 2014 company finance numbers. The Board is planning to approve a dividend distribution at the Febuary 19th Board meeting. It is safe to say the profits we are receiving now are because of good loss numbers for 2012 and 2013. It takes time for the actual cost of workers’ compensation losses to be known. So the exact cost of 2014 losses will not be known for some time yet. It is also likely the Board will direct the dividend to the policyholders/members that have a good loss history (those accounts that have made the dividend possible). Of course we will share more on this exciting policyholder/member benefit as the details become available.

Finally those policyholders with December and January policy renewal dates – thank you. The MTMIC Board of Directors, officers and staff appreciate your vote of confidence. Every contact we have with you, whether in person, via phone or email, is a chance to use our technical, customer skills and bring value to you.