JUNCTION CITY, Kan. – Geary County Schools have earned a dividend of $25,000 from EMC Insurance Companies for their participation in EMC’s Kansas School District Insurance Program. Cardinal Insurance Services, LLC, of Junction City, Kansas, serves as the insurance agent for the district.
EMC is distributing dividend checks to all policyholders who participated in the program over the last year, including Geary County Schools. The program consists of approximately 200 school districts from across the state that shares similar risks and coverages.
“All of the districts in the program should be proud of their loss mitigation efforts over the last three years,” said Matt Fellers, EMC – Wichita Branch vice president. “We are pleased to return a dividend to them for the performance of the program and look forward to continuing our partnership with Kansas schools in their efforts to provide our state’s youth with a top-notch educational experience.”
Premiums and losses are combined for the entire group, and then a dividend is calculated based on the group’s performance over the last three years. Each district’s dividend is calculated as a percentage of its total premium