Hurtsboro wins management award
The Water and Sewer Board of the Town of Hurtsboro was recently awarded a Gold Risk Management Award by the insurance divisions of the Alabama League of Municipalities.
Approximately 780 public entities participate in one or both of the Alabama League of Municipalities (ALM) sponsored insurance programs which are the Municipal Workers Compensation Fund (MWCF) and the Alabama Municipal Insurance Corporation (AMIC). The Board of Directors of both insurance programs approved the establishment of a Risk Management Award system in 2002. The award system recognizes those members who have instituted risk management and loss control activities in an effort to reduce their loss ratio. Risk management and loss control activities not only benefit the members’ loss ration but also the overall success of the League sponsored insurance programs. Through the efforts of The Water and Sewer Board of the Town of Hurtsboro, employees, property, and liability losses are being minimized; and –most importantly- employees and citizens are reaping the rewards of a safer workplace and community.
Recipients of the President’s Risk Management Award, which included the top 5% of those members with minimal losses for a five year period, received a specially designed memento. Three additional levels of achievement- Gold, Silver and Bronze- were also recognized. Recipients in these categories receive a plaque for the first year they are acknowledged and then a plate to be attached to the plaque for subsequent years. The Gold, Silver and Bronze levels were for loss ratios of below 5%; 5%to 20%; and 20% to 40%, respectively.