Approximately 650 public entities participate in one or both of the Alabama League of Municipalities (ALM) sponsored insurance programs which are the Municipal Workers Compensation Fund (MWCF) and the Alabama Municipal Insurance Corporation (AMIC). The Board of Directors of both insurance programs approved the establishment of a Risk Management Award. The award recognized those members who have instituted risk management and loss control activities in efforts to reduce their loss ratio. Risk management and loss control activities not only benefit the member’s loss ratio but also the overall success of the League sponsored insurance programs. Through the efforts of the Town of Cedar Bluff, employee, property and liability losses are being minimized, and most importantly, employees and citizens are reaping the rewards of a safer workplace and community.
Plaques were presented to recipients of the President’s Risk Management Award, which included those members with no losses for the five-year period of 1998 through 2002. Three levels of certificates were presented to acknowledge the efforts and accomplishments of those participating members in the areas of Risk Management for the year 2002. The levels included Gold, Silver and Bronze for loss ratios of below 5 percent, 5 percent to 20 percent and 20 percent to 40 percent respectively.
The Alabama League of Municipalities was organized in 1935 and has served since that time as the recognized voice of the cities and towns in Alabama. Through the years, the organization has steadily grown and now serves 437 municipalities. This voluntary membership brings officials of cities and towns together in fellowship of public service-which strengthens and guides local government in a progressive, responsible fashion. The primary purpose of the Alabama League of Municipalities is to promote understanding of municipal government and administration in Alabama and thereby advance the welfare of the people of this state