GSRMA recently announced a $300,000 dividend in our General Liability program. In recent years, our General Liability program’s claim experience has been better than expected. This has resulted in the program being more than adequately funded. For that reason, the GSRMA Board elected to return a dividend for those members in the General Liability program. This $300,000 dividend equates to a rate decrease of 7%. This dividend has already been applied and will be reflected in your invoice, with allotment being based off member’s past 10 years of GL contributions to the pool.
If you have any questions regarding this dividend please reach out to our Member Services team, pictured below.