Forsyth County Receives Dividend from ACCG Insurance Program July 12, 2019 Photo, Risk Management Forsyth County has received a dividend in the amount of $125,320 from the Association County Commissioners of Georgia-lnterlocal Risk Management Agency (ACCG-IRMA) that will be applied in the form of a credit towards the county’s property and liability premium for the 2019-2020 policy year. The dividend was made available because of successful and dedicated management efforts on the part of Forsyth County in promoting safety and implementing loss control techniques. The dividend amount is determined by remaining funds after actual claims and operating expenses were paid, as well as any investment income that earned on the premium while it is held to pay claims. “This dividend is a reflection of the efforts of county personnel to make safety a priority,” said Forsyth County Risk and Safety Manager Charity Clark. The county’s dividend is part of a state-wide $3.25 million dividend announced by the ACCG-IRMA Board of Trustees, the largest dividend in ACCG-IRMA 's 33-year history. ACCG-IRMA is a non-profit, Georgia county government-owned insurance fund, providing property and liability insurance coverage to its members since its inception in 1987. Georgia law, enacted at the request of Georgia county governments, authorizes county governments to form non-profit insurance funds, which operate much like mutual insurance companies. These non-profit insurance funds allow Georgia county governments to purchase insurance coverage at cost-efficient rates that are typically better than a county could negotiate on its own. The fund is owned by the Georgia county participants and managed by a Board of Trustees who represent participating Georgia counties. It is an efficient method of financing insurable risks, which ultimately reduces insurance costs for participating county governments and benefits the taxpayers. Participants also receive extensive loss control and safety services to help mitigate claims.