M. Banes Email Address

Amerisure and the Michigan Manufacturers Association ( MMA ) are pleased to announce the declaration of dividends to MMA members who participated in the endorsed property/casualty insurance programs. This marks the 16th year out of the past 17 that a dividend has been declared. The dividend payout of 5.0 % is applicable to Workers Compensation and 7.5 % on Commercial Package policies effective during the July 1 , 1997 through June 30 , 1998 program year. The payout totals just under one million dollars in dividends and will be distributed to MMA members based on their earned premium during the program period. As a result of poor loss experience , we will not be declaring a dividend on commercial automobile policies effective during that same program period.