Lovell Safety Groups Earn Dividends

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Lovell Safety Management Co., LLC, announced the 2010 – 2011 dividend earnings of two of its Safety Groups:

Launderers and Cleaners, Safety Group #34 paid a 20 percent dividend.
Qualifying members received an advance discount of 25 percent.

Northeastern Retail Lumber Association, Safety Group #531 paid a 17.5
percent dividend. Qualifying members received an advance discount of 25
percent.

Safety Groups #140 and #251 press release — dividends!

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Lovell Safety Groups Earn Dividends
Lovell Safety Management Co., LLC, announced the 2009 – 2010 dividend earnings of two of its Safety Groups:
         New York Electrical Manufacturers, Safety Group #140
          
         New York State Movers and Warehousemen’s Association, Safety Group #251
Safety Group #140 returned to members a 30 percent dividend.  Qualifying members received an advance discount of 20 percent.
Safety Group #251 paid a 20 percent dividend.  Qualifying members received an advance discount of 20 percent.
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.

Lovell Safety Groups Earn Dividends

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Lovell Safety Management Co., LLC, announced the 2007 – 2008 dividend earnings of two of its Safety Groups:

  • New York Electrical Manufacturers, Safety Group #140 
  • New York State Movers and Warehousemen’s Association, Safety Group #251 

Safety Group #140 paid a 25 percent dividend, or 35.6 percent of premium. Qualifying members received an advanced discount of 20 percent.

Group #251 returned to members a 25 percent dividend, or 32.5 percent of premium. Qualifying members received an advanced discount of 25 percent.

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.