|Targeted News Service|
The presentation was held at the
Fund Chairman Hatzelis noted "The core mission of Statewide is to provide affordable, comprehensive insurance coverage to NJ public entities. This mission is achievable by each member's participation in Statewide's safety and risk management programs, which are tailored specifically for the public sector. Insurance claim costs are the single largest expense of providing insurance coverage. A reduction in claims through a commitment to safety results in savings for all
The Fund was formed in 1994 to address the insurance crisis that was facing public entities.
Their insurance coverages were becoming restrictive and their insurance premiums were escalating out of control. Today, the Fund has members throughout the State and provides property, liability and workers' compensation coverage to its members.
TNS MGD130216-4208695 StaffFurigay
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