Guilford Receives Check For $74,001

GUILFORD, CT — First Selectman Joseph Mazza was presented with a check last week in the amount of $74,001 from the Connecticut Interlocal Risk Management Agency (CIRMA). These funds represent Guilford’s prorated share of CIRMA’s equity distribution for 2017.

This distribution is actually a reduction in Guilford’s insurance costs for fiscal year 2017-18.

According to First Selectman Joseph Mazza, “The receipt of these funds will help us offset the budgeted expenses for both workers’ compensation as well as our liability, auto and property insurance premiums for 2018.”

“This year’s Members’ Equity Distribution was the result of excellent operational performance, financial strength, and of the success of our members’ risk management efforts,” said David Demchak, President and CEO, CIRMA. “CIRMA’s mission is to help our members build stronger, safer communities to live, learn, and work in, and the Members’ Equity Distribution program plays a vital role in this effort,” he further noted.

CIRMA operates both Worker’s Compensation and Liability-Automobile-Property risk sharing pools for Guilford and many other Connecticut towns.