In the interest of better accuracy, I want to clarify my previous post. The board of directors did not know about the initial insurance premium jump until November 9 in an informal announcement. It was a video available to the entire board. I do not know how many of the directors actually saw it. There may have been an email as well, I have not been able to find it. Officially, the entire board became aware of the actual numbers in a conference call on December 17.
Why so late? Because our insurance company did not release the premium information until November 1. USMS knew it was in for higher premiums because of recent claims, but the actual premium amount was a surprise to even the most jaded.
In the interest of better accuracy, I want to clarify my previous post. The board of directors did not know about the initial insurance premium jump until November 9 in an informal announcement. It was a video available to the entire board. I do not know how many of the directors actually saw it. There may have been an email as well, I have not been able to find it. Officially, the entire board became aware of the actual numbers in a conference call on December 17.
Why so late? Because our insurance company did not release the premium information until November 1. USMS knew it was in for higher premiums because of recent claims, but the actual premium amount was a surprise to even the most jaded.
