CRM Pays $3.2M in Dividends to Self-Insurers

Compensation Risk Managers, a national program manager and administrator for self-funded workers' compensation insurance programs, announced Friday that that three of its trusts in New York state produced dividends of nearly $3.2 million in 2004. The more than 1,200 members of these trusts, which include Elite Contractors Trust of New York (ECTNY), Transportation Industry Workers Compensation Trust (TIWCT) and New York State Cemeteries Trust (NYSCT), recently received dividends. All three of the trusts, which combined represent $48 million in 2004 premiums, are group self-insured progra...