Over $270,000 in dividends returned to ChamberChoice participants
Penn National Insurance has announced a one percent dividend for the fourth program year of the
ChamberChoice Business Insurance program. Members of the Erie Regional Chamber and Growth Partnership, 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 one percent 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 August Schiava, Vice President Chamber Division,ERCGP.
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 businessowners,
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. For
more information, contact Mr. Schiava at 814-454-7191 ×141 for a list of member
agents or visit our website atwww.eriepa.com.