Security First Insurance Presents the City of Hay Springs with Dividend Check
Hay Springs, NE (April 2, 2019) – Security First Insurance recently delivered a $6,931 dividend check to the City of Hay Springs for participating in the EMC Insurance Companies Nebraska Municipality Safety Group Program over the past year. This marks the 18th time in the past 25 years EMC has paid a dividend in the state of Nebraska. The dividend in 2019 represents more than 16 percent of eligible premium. This is the third largest dividend EMC has ever paid. All active accounts written after March 1, 2018, were eligible for a dividend.
The Nebraska Municipality Safety Group Program consists of municipalities that share similar risks and coverages. Premiums and losses are combined for the entire safety group, and then a dividend is calculated based on the group’s losses as a whole. Participants in the safety group program are encouraged to take advantage of EMC’s extensive loss control services in an effort to increase safety and reduce losses.
Insurance products are not a deposit, not FDIC insured, not insured by any federal government agency, and not guaranteed by the bank.