Pool Declares $5.5 Million Surplus Distribution

The MASB-SEG Property/Casualty Pool Board of Directors declared a $5.5 million surplus distribution to be shared among members in good standing in the fiscal year beginning July 1, 2007. Each member's share of the surplus is determined based upon its premium contribution, claim experience and participation in the Pool for the years from which the surplus funds were allocated. Surplus has been distributed annually since 1991. Including this year's $5.5 million distribution, the Pool has returned a total of $85 million to its members.