FAIRFIELD, Conn. -- First Selectman Mike Tetreau announced that the Town of Fairfield recently received a check from Connecticut Interlocal Risk Management Agency (CIRMA), one of the Town’s insurance carriers.
It is for Fairfield’s share of this year’s CIRMA Members' Equity Distribution Program in the amount of $23,403 bringing the five year Members’ Equity Distribution total to $126,642.
In a letter from CIRMA to First Selectman Tetreau, CIRMA states that Fairfield’s commitment to risk management and focus on loss reduction efforts have contributed to CIRMA’s financial strength.
The Members’ Equity Distribution Program is an extraordinary achievement made possible by CIRMA’s financial strength and members' commitment to risk management.
The program is an unrestricted distribution, which means that members can use the funds as they choose--to fund a risk management initiative, make property improvements, or support public programs and services.
“The Town is delighted that CIRMA’s Members’ Equity Distribution Program will help members like the Town of Fairfield achieve our mission of providing vital public services at a most economical cost," Tetreau said.
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