$17,893,237 RETURNED TO MADA DEALERS: Workers’ Compensation Program Run by Dealers for Dealers The Trustees of the Mississippi Automobile Dealers Association Self-Insurers Fund (MADASIF) declared a $900,000 dividend credit and a 5% rate decrease for 2022. The MADASIF is the Self-Insured Workers’ Compensation Program designed for automobile dealers, by automobile dealers and was the first self-insured program in the State of Mississippi. The SIF continues ongoing success and has returned $17,893,237 in dividends to its members. The MADASIF is an exclusive program and is the most important member benefit offered to members because of its savings to the dealers and non-dues income to MADA. Monthly Self Payroll Reporting, avoiding year-end “surprise” audit results Superior Claims Administration and Loss Control Significant annual revenue provider to MADA Mississippi New Car Dealers workers compensation program run by dealers, for dealers, for thirty (30) plus years Professionally administered by CCMSI, a national Third Party Administrator providing quality service from their Jackson, Mississippi, office since 1997 For more information about the SIF and to obtain a quote, please contact Donna Allen with CCMSI: Direct: 601-608-1001 Office: 800-672-1108 Email: dallen@ccmsi.com MADASIF BOARD OF TRUSTEES Paul Moak, Jr., Chairman Walt Massey, Vice Chairman Jonathan Allen Roger Bacon, Jr. Jeb Blackburn Jeff Field Cannon Kirk Trudy Moody 16
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