First Selectman Joseph Mazza was recently presented with a check in the amount of $54,133 from the Connecticut Interlocal Risk Management Agency (CIRMA). These funds represent Guilford’s prorated share of CIRMA’s equity distribution for 2016. This distribution is actually a reduction in Guilford’s insurance costs for fiscal year 2016-’17.

According to Mazza, “The receipt of these funds will help us offset the budgeted expenses for both workers’ compensation as well as our liability, auto, and property insurance premiums for 2017.”

“We are pleased to be able to make this board-approved distribution of members’ equity, especially at a time when local governments are stretching every dollar,” said David Demchak, president and chief executive officer of CIRMA. “Our program is unique; it is made possible by CIRMA’s strong financial and operating results and the commitment of our members to risk management.”

CIRMA operates both worker’s compensation and liability-automobile-property risk sharing pools for Guilford and many other Connecticut towns.