Home Page

During the July MCIT Board meeting, Mark Doepke and Scott Anderson of Actuarial Advisors presented their report regarding recommendations for 2020 property, casualty (liability) and workers’ compensation rates. The report clearly signaled that the multiyear trend of rate reductions was at an end. In setting rates, the MCIT board is committed to ensuring that rates reflect potential losses.
Read More »

The MCIT Board of Directors unanimously appointed Winona County Commissioner Marcia Ward to the board seat made vacant with the departure of Dan Kuhns. Commissioner Ward’s first meeting is in August. Per MCIT Bylaws, Ward will serve until the next annual meeting, at which time the unexpired term will be filled by election. The term ends Dec. 31, 2020.
Read More »

This year all members have the option to pursue increased coverage limits of $100,000, $250,000, $500,000 and $1 million. It is important that each member assess it operations, its propensity to accumulate personally identifying information, and its exposure to risk. Coverage limit changes can be requested any time through November 2019 with members being charged on a pro-rata basis. Beginning in 2020, coverage limit changes will only be allowed at the next year’s renewal, which will take effect in January 2021. Requests for increased limits are dependent on underwriting guidelines and are not guaranteed.
Read More »

VIEW ALL NEWS »