The Utilities Board of the Town of Cedar Bluff has been awarded a Gold Risk Management Award by the insurance division of the Alabama League of Municipalities.

Approximately 775 public entities participate in one or both of the Alabama League of Municipalities sponsored programs which are the Municipal Workers Compensation Fund and the Alabama Municipal Insurance Corporation.

The Board of Directors of both insurance programs approved the establishment of a Risk Management Award system in 2002. The award system recognizes those members who have instituted risk management and loss control activities not only to benefit the member’s loss ratio but also the overall success of the League sponsored insurance programs.

Through the efforts of the Utilities Board of the Town of Cedar Bluff, employee, property and liability losses are being minimized and most importantly – employees and citizens are reaping the rewards of a safer workplace and community.

Recipients of the President’s Risk Management Award, which included the top 5 percent of those members with minimal losses for a five-year period, received a specially designed memento. Three additional levels of achievement-Gold, Silver and Bronze-were also recognized.

Recipients in these categories receive a plaque for the first year they are acknowledged and then a plate to be attached to the plaque for subsequent years. The Gold, Silver and Bronze levels were for loss ratios below 5 percent, 5 percent to 20 percent and 20 percent to 40 percent, respectively.