New Partnership with Marsh & McLennan Agency LLC Company
EXPANDS RESOURCES AVAILABLE TO CLIENTS
Rockville, Maryland, June 29, 2018 – Insurance Associates, now a Marsh & McLennan Agency LLC Company, is proud to announce that we joined Marsh & McLennan Agency LLC (MMA), a wholly owned subsidiary of Marsh LLC. Marsh formed MMA in 2008 to primarily serve the property/casualty, surety, and employee benefit needs of clients throughout the country. Since that time, MMA has been building out its national platform by joining forces with entrepreneurial insurance brokers across the country. Insurance Associates is proud to announce that we will now be part of the Mid-Atlantic region for MMA. To learn more about our new organization, please visit www.mma-midatlantic.com.
Stephen Spencer, President of Insurance Associates, added: “Joining MMA is an excellent opportunity that allows us to keep and grow our local team while giving us the capabilities of a national platform to build upon our success.”
“Insurance Associates is an excellent addition to MMA as it expands our presence into the greater Washington DC region and further enhances our construction capabilities,” said John Stanchina, president and CEO of MMA’s Mid-Atlantic Region.
About Insurance Associates, a Marsh & McLennan Agency LLC Company
IA, a MMA LLC Company, is locally based with the resources and backing of a national agency. There are offices in Rockville, Fairfax, Laurel and Towson and the agency has been advising and protecting clients for over 60 Years! IA, a MMA LLC Company prides itself on having one of the most competent, experienced, and knowledgeable workforces of any agency in the area. The agency works with clients in all industries for their group benefit packages and personal insurance, but their expertise is in the construction industry for commercial insurance and surety bonding. For a little bit about what makes IA, a MMA LLC Company so different from the rest, click here for Employee Benefits, here for Commercial Insurance, and here for Surety Bonding and learn the IA, MMA difference!
For more information about our passion and the rest of our team at Insurance Associates, a Marsh & McLennan Agency LLC Company please visit us at www.insassoc.com, follow us on LinkedIn and like us on Facebook.
About Marsh & McLennan Agency
Marsh & McLennan Agency LLC is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market. In 2015, it expanded its national footprint into Canada. MMA offers commercial property, casualty, personal lines, and employee benefits to midsize businesses and individuals across North America.
Today, the Board of Directors of the District of Columbia Water and Sewer Authority (DC Water) voted to provide additional rate relief for low income customers. The resolution unanimously approved by the Board directs the General Manager to transfer $6 million from the Rate Stabilization Fund to the FY 2019 Budget to expand DC Water’s Customer Assistance Program to mitigate the impacts of increases in retail water and sewer rates.
“This is good news for the customers of DC Water,” said Board Chair Tommy Wells immediately after the vote. “We are working with the Mayor and DC Council to provide meaningful rate relief, based on need, while maintaining our fiscal integrity and keeping our commitment to help clean up our local waterways.”
In addition to the funding approved by the Board, the District Government has set aside $7 million in its 2019 Budget for assistance to residential customers and not-for-profit enterprises.
“That’s a total of $13 million that will be available to assist residential customers who feel the burden of rate increases the most,” said DC Water CEO and General Manager David L. Gadis. “It’s the right thing to do. I applaud the Board for taking this action today in direct response to what we’ve heard from our customers.”
DC Water’s existing Customer Assistance Program (CAP) is administered by the Energy Office at the District Department of Energy and Environment (DOEE) and provides eligible customers with discounts on their water and sewer charges and other fees on their monthly bills. In the resolution approved today, the Board of Directors instructed management to expand the CAP program to provide assistance to more low income customers in the new fiscal year.