The town of Woolwich has received a $1,492 dividend refund from the Maine Municipal Association as a result of its good loss experience and loss prevention programs, town officials announced this week.

The Maine Municipal Association offers three self-funded pools for municipal and quasi-public entities in Maine. Each year the boards review the programs’ loss experience to determine if dividends may be paid.

Patricia Kablitz, Director of Risk Management Services for MMA, said more than 80 percent of program participants received a dividend this year for their good risk management practices and loss experience.

This year the Workers Compensation Fund has distributed almost $600,000 in dividends to participants and the Property & Casualty Pool has paid dividends of nearly $550,000 for total payments of over $1.1 million provided directly to MMA members.

Since 1997, the three programs have returned over $14 million in dividends to participating members. For more information about any of the MMA Risk Management Services programs, including online training programs and other services, check visit www.memun.org.