City of Prattville Receives "Ten Year Award"

FOR IMMEDIATE RELEASE

CONTACT: Teresa M. Lee, or (334) 361-3649

July 26, 2012


On July 25, 2012, Terry Young of the Municipal Workers Compensation Fund (MWCF) presented the City of Prattville with a "Ten Year Award" for participating in the Alabama League of Municipalities "specialized insurance program" for workers compensation.

The City of Prattville is one of the three original founding members of the Municipal Workers' Compensation Fund. The City of Prattville led the drive to form the fund because, in 1976, the private insurance industry refused to underwrite any Alabama municipal entity, which contained a Fire or Police payroll classification code. Correspondingly, the Alabama League of Municipalities formed the Municipal Workers' Compensation Fund to provide stability to Alabama Municipal Governments.

The Risk Management and Loss Control functions are managed through the Human Resources and City Clerk Departments of the City of Prattville. The Staff of the Human Resources Department administers the Worker's Compensation Insurance benefit and the City Clerk Department administers Property Loss Claims. Education, Accident/Incident Review, Communication, and proper Financial Planning are critical in Risk Management and Loss Control.

During this past ten-year period, Prattville's outstanding claims history and their continued efforts to manage the City's insurance costs, the City received $444,449 back in dividends from the insurance program.

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(From left to right) Terry Young of Municipal Workers Compensation Fund, Sylvia Coleman,
Human Resources Director Lisa Thrash, Caroll Ishman, Jade Clabough, and Mayor Bill Gillespie, Jr.

"We are honored and proud to have the City of Prattville in the MWCF program," stated Terry Young. "The Mayor, Human Resources team, City Clerk and the entire staff have worked hard year after year in managing their insurance costs and their efforts have paid dividends annually."

"I am very proud of Lisa Thrash, her staff and their hard work," said Mayor Bill Gillespie, Jr. "Their accomplishment is noteworthy. During 8 of the last 10 years, our City has consistently outperformed the industry average by having a credit modification factor 80% of the time. Our dividends are the highest among all cities and are directly derived from effective management of this account. Our employees and our citizens have been served well by Human Resources' attention to detail."

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Note: The Alabama League of Municipalities created the Municipal Workers Compensation Fund in 1976. The MWCF is the second oldest league insurance pool in the nation and over the last 15 years, have returned over $36 million dollars in dividends back to municipal entities. MWCF has over 600 municipal entities participating in the pool and the leadership of this program is directed by veteran municipal officials. The MWCF program has a dedicated safety team, multiple safety programs, new members discounts and dividends which are returned to members after all expenses are paid. For more information, please contact Terry Young at 888.736.0210 or .

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