Return of Surplus Equity

Property and Liability Program

The rebate will be made to those members who were program participants in a base year. The base year is the latest year for which an audited financial statement exists. The surplus equity amount due each member will be based on the same proportion of the premium paid by the member as compared to the total premium paid by all members into the program for the audited fiscal year.

Workers’ Compensation Program

The rebate will be made to those members who were program participants in a base year. The base year is the latest year for which an audited financial statement exists. The surplus equity amount due each member will be based on the same proportion of premium paid by the member as compared to the total premium paid by all members for the audited fiscal year.”