Michigan trade group announces insurance dividends

The MBIA said members participating in an insurance program with The Hanover were awarded more than $200,000 in annual safety dividends.

The Michigan Boating Industries Association said members participating in an insurance program with The Hanover were awarded more than $200,000 in annual safety dividends in just three years.

“This member program is unique in that any insurance agent in Michigan can offer the program to their customers, so it’s a win for everybody, especially the MBIA member receiving discount,” Harbor Risk national program manager Tim Lucas said in a statement.

“The MBIA offers many benefits to our members, but the MBIA Hanover Insurance Program is one of the most popular and tangible, money-saving benefits,” MBIA executive director Nicki Polan said. “In many cases the savings outweigh the cost of membership, which comes with so much more than an insurance discount.”

Members that are also certified clean marinas with the Michigan Clean Marina Program receive an additional discount for being a steward of environmental awareness and safety.


Mercury’s Impact on the Local Economy

A new study shows that the manufacturer has a more than $5 billion annual impact on the Fond du Lac, Wis., community.

Lippert Posts Record Q1

The quarter marked a “watershed moment” for the component supplier, as net sales hit $1 billion.

Rollick Reaches 100th OEM Customer Mark

Customers that use its Aimbase marketing technology represent 65 percent of U.S. marine unit sales.

Safe Harbor Adds Lauderdale Marine Center

The Florida superyacht facility was acquired in a deal worth $340 million.

Don’t Throttle Back Now

As pandemic restrictions ease, folks will be getting back to leisure activities that often compete with boating.

IBEX Announces In-Person Dates

The show returns to the Tampa Convention Center Sept. 28-30 after being held virtually last year.

Brunswick’s Aine Denari Joins CSP Board

The Center for Sportfishing Policy, a coalition of advocates for recreational fishing and boating, also announced that The Billfish Foundation is a Sustaining Member.

Malibu Reports Record Q3

The company reported a 50 percent increase in net sales and a 47.2 rise in net income for the fiscal quarter.