BRENTWOOD, Tenn. (press release)—Tennessee’s leader in providing insurance and risk management services for municipalities and public entities has distributed close to $100 million in dividends to its members since the inception of its Annual Dividend Program.
The Tennessee Municipal League Risk Management Pool, more commonly known as The Pool, recently announced its FY 2016 dividends distribution of $2.5 million to its members, including $79,766 to Jefferson County and Sevier County members, comprised of the City of Dandridge; the City of Gatlinburg; the City of New Market; the City of Pigeon Forge; the City of Sevierville; the Sevierville Housing Authority; the Sevierville/Sevier County Joint Venture; the Sevier County Economic Development Council; the Sevier County Emergency Communications District; Sevier Solid Waste, Inc.; Sevier Water Board, Inc.; and the Town of Pittman Center.
Since 1979, The Pool has provided a stable and viable municipal insurance market in Tennessee. Today, The Pool provides cost-savings insurance coverage and risk management products and services for more than 90 percent of the state’s municipalities, as well as numerous other municipal entities.
Through its Annual Dividend Program, first implemented in 1996, The Pool has distributed approximately $98 million in dividends to its members.
The Pool’s members include municipal police, fire, water, sewer, electric, administration, public works, and parks and recreation departments. The Pool’s membership is also comprised of municipal utilities, community action agencies, economic development commissions, human resource agencies, industrial development boards, municipal and special school districts, housing agencies, development districts, and emergency communications systems.