News
| NELMA Safety Program Dividend Announced | 2007-05-30 |
NELMA and Acadia Insurance are pleased to announce the first Dividend payment to members of the Association that participate in the NELMA -sponsored Insurance Safety Group Program through Acadia. Please see the Dividend Announcement regarding the details of this exciting news.
In summary, the group earned an 8% dividend factor for this first valuation period based on a loss ratio of 9.2%, an outstanding performance for the dividend period. Acadia Insurance agents are currently in the process of distributing dividends totaling $168,634 to NELMA member participants within the program.
The plan provides for three separate valuation periods, with the potential to earn a total dividend payout of 16%. Please refer to the full details in the Dividend Program Plan.
NELMA would like to congratulate the participating members for a job well done with their company’s obvious attention to safety, and also a thank you for being part of this program that benefits the Association, as well.
For NELMA members not currently with the Insurance Safety Group Program, we encourage you to take a closer look at the potential benefits of your company’s participation in the future. Please contact your local Acadia agent for further information or Kerry McGrath, Acadia’s Senior Branch Marketing Director, at (800) 224-2302, extension 304, with your questions or contact NELMA by phone at (207) 829-6901. | |
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Eastern White Pine VS. Radiata Pine. Learn about these two species in a side by side comparison. Who will be victorious?
Founded in 1933, the Northeastern Lumber Manufacturer's Association (NELMA) is one of seven lumber rules writing agencies in the U.S. accredited by the American Lumber Standard Committee (ALSC) to write grade rules that are certified as conforming to the American Softwood Lumber Standard PS20. NELMA is the official author and administrator of the grading rules for Eastern White Pine, in particular.
In addition to the quality control inspection audits we conduct at lumber manufacturers to ensure that on-grade Eastern White Pine products are meeting the needs of consumers, NELMA develops and distributes an array of technical information and unique promotional materials via our member-driven marketing program. We encourage you to browse through the pages of this website and discover why Eastern White Pine is the very best choice when wood is considered, both environmentally sustainable and application versatile.
