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o ® <br /> LEAGUE OF CONNECTING & INNOVATING <br /> MINNESOTA SINCE 1913 <br /> CITIES <br /> December 8,2016 <br /> To: LMCIT Property/Casualty Members <br /> From: LMCIT Board of Trustees <br /> Joel Hanson,Administrator,Little Canada Mark Karnowski,Administrator,Princeton <br /> D.Love,Councilmember,Centerville Dave Canister,Manager,Plymouth <br /> "Rhonda Pownell,Councilmember;"Northfield Todd Prance,Administrator, St.Peter <br /> Dave Unmacht,Executive Director,LMC <br /> Re: 2016 Property/Casualty Dividend <br /> We are very pleased to enclose a check for your share of the$25 million dividend, which the <br /> League of Minnesota Cities Insurance Trust(LMCIT)property/casualty program is returning for <br /> 2016. <br /> Also included in this mailing are: <br /> • A memo providing background on the dividend, including a detailed explanation for how your <br /> dividend is calculated. <br /> • A data sheet showing the earned premium and loss data used to calculate your dividend, as <br /> well as graphs showing your written premium and dividend history. <br /> A copy of this same information will also be sent to your insurance agent. We also encourage you <br /> to share this information with your city council or other governing body. <br /> We want to thank you again for your continued participation in LMCIT. Please feel free to contact <br /> Laura Honeck,LMCIT Operations Manager, at lhoneck@lmc.org or 651-281-1280 if you have any <br /> questions or need additional information. <br /> LEAGUE OF MINNESOTA CITIES 145 UNIVERSITY AVE.WEST PHONE:(651)281-1200 MX:(651)281-1298 <br /> INSURANCE TRUST ST.PAUL.MN 55103-2044 TOLLFREE:(800)925-1122 WEB:WWW.LMC.ORG <br /> 137 <br />