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Penn National Insurance has announced a 1% dividend for the 4th program year of the ChamberChoice Business Insurance program.

Deb Keefer, MVRCC Chamber director, and Christine Koeppelle of Penn National are seen here with $3.6 million check, representing dividends returned to the business community.

Mon Valley Regional Chamber of Commerce (MVRCC) members who placed their insurance coverage with Penn National Insurance during the 2014-2015 program year and remained Chamber members and policyholders through the end of the program year will receive a dividend equal to 1% of their total premium. Over the past four years, Penn National Insurance has returned an average of 7% in dividends and returned to the business community and region over $3.6 million in total.

“This program has not only been a great benefit to our members, but has had an economic impact by putting dollars back into our local community,” said Deb Keefer, Chamber director.

An important aspect of this group insurance program is preventing loss and controlling claims costs. Because dividends are based on the group’s collective loss experience, a business that may have had a significant loss may still be eligible to receive a dividend.

The program is sold exclusively through local, independent agents who can offer chamber members a variety of coverages and pricing on property and casualty insurance, including business owners, commercial auto, general liability, inland marine, and workers’ compensation. Dividends are paid on all of these coverages. In addition, through safety consulting, Penn National Insurance and local independent insurance agencies encourage member businesses to develop safety practices to substantially reduce or eliminate workplace injuries.

The Penn National Insurance program is just one of many benefits of Chamber membership!

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