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Will claims under this coverage affect our future premium costs? <br /> Yes. The premiums for the city's LMCIT liability coverage are experience-rated, so any claims <br /> the city has will affect future premiums. <br /> More Information <br /> Claims under Coverage D are weighted inore'heavily in <br /> the experience-rating formula than are ordinary liability To learn more about experience <br /> claims. The reason is,that the costs for this type of rating see Experience Rating in <br /> litigation are to a significant extent a function of the LMCIT's Liability and Workers' <br /> discretionary decisions the city makes. (Liability claims Compensation Premiums. <br /> relating to employment are also weighted,more heavily <br /> in the experience-rating formula, for similar reasons.) <br /> And of course, these claims will also affect the city's Your League Resource <br /> share of any future dividends. Under LMCIT's dividend <br /> formula, dividends are allocated among the member For more information, please <br /> cities based on the difference between the city's total contact your LMCIT underwriter at <br /> earned premiums and total incurred losses, for all the 651-281-1200 or 800-925-1122. <br /> years the city has participated in LMCIT. <br /> Pete Tritz 10/10 <br /> 1 <br /> I <br /> 6 <br /> Small Cities Track-2011 <br /> Planning&Zoning 101-24 <br />