2015-2016 Coverages, rates, and dividend
The League of Minnesota Cities Insurance Trust (LMCIT) Board of Trustees has approved premium rates and several coverage changes for the coming year. Of special note is the Board’s decision to make volunteer accident coverage and workers’ compensation coverage for elected officials a standard feature for members of the workers’ compensation program. Also this year, property/casualty program members will receive the largest dividend in LMCIT history.
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About LMCIT coverages
LMCIT provides property/casualty and workers’ compensation coverage, as well as risk management services, which are specifically designed for Minnesota cities. As new needs or problems develop, LMCIT modifies coverage or develops new programs to meet cities’ needs.
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Read more about specific LMCIT coverage programs: