From the Joint Insurance Fund, Stafford Township’s latest loss ratio, or ratio of claims paid by insurer to premiums earned, was 80.11%, Mayor Greg Myhre announced at the Feb. 14 meeting. He said it’s a dramatic improvement from 2018, the year before the current administration started, when it was 267.6%. Ideally it would be zero, but it’s moving in the right direction.
The municipal safety committee had not met for many years before the Myhre team took office, he said.
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