The Saif Corp. board of directors will hear a finance and investment report, discuss its operating budget and decide how much of its surplus to pay back to policyholders during a meeting in Salem on Wednesday.The board will be asked to review and approve a recommended dividend to policyholders, according to the meeting agenda. Other items on the agenda include:Review and approve a reinsurance proposal.A pricing update.An industry benchmark report.An initial review of 2014 employee benefits.A final report on legislative action this year.The meeting begins at 10:15 a.m. at the Saif Corp. headqua...
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