Massachusetts Retail Merchants Workers' Compensation Group, Inc.
Group Profile
Serving retailers, suppliers, restaurants and auto services
SAVINGS more than 40% for eligible businesses (20% upfront savings + the 5 year average dividend)
| Trust Start Date | May 1991* *Cove Risk Services, LLC assumed administration of the Group in November 2011 |
| Contributions (premium equivalent) |
$16.6 Million (3/12) |
| Participating Companies | 3,800 |
| Average Dividend | (see chart below) |
| Excess Insurance Carrier | Specific coverage through New York Marine and General Insurance Co. (A.M. Best A X) and aggregate insurance through Midwest Employers Casualty Co. (A.M. Best: A+ XV) |
| Accounting | Feeley & Driscoll, P.C. |
| Actuary | Milliman USA |
| Administrator | Cove Risk Services, LLC |
| Meet the Board here. |
Sponsored by
 The Retailers Association of massachusetts (R.A.M.) |
 The Massachusetts Package Stores Association |
Participation in a self-insurance group is not the equivalent of purchasing an insurance policy. Employers should first examine all relevant documents required for participation. Up-front discount contributions (premium equivalent) are available only to qualified risks. Past dividend history is no guaranty of future results.