Letter from the Chair




To the Members of AMIC:
A Message from the Chair

2020 has certainly been a year that we will all remember, but most assuredly would like to forget. COVID-19 struck the world like a category V hurricane and continues to reap its personal and financial destruction at home and abroad. The pandemic has affected everyone, and the AMIC family is no exception. AMIC’s Chair and longtime Mayor of Clanton Alabama, Mayor Billy Joe Driver, succumbed to the virus in July. Our hearts not only go out to his family, but to everyone in Alabama who has suffered personal or financial tragedy from the virus.

As we move forward and ultimately past the pandemic, AMIC continues to look for new ways to add value and services. The new Municipal Debris Removal Fund, the first of its kind in the country, was rolled out in January, and we are hopeful that it will be up and running June 1st of 2021.


Overall, AMIC’s membership, continues to hold steady with 588 insureds, including 398 municipalities, 78 utility boards, 40 solid waste/water authorities, 52 associations and 20 transit authorities. AMIC’s current market share exceeds 95 percent.


I am pleased to report, that in 2021, AMIC will pay a 5 percent dividend for capitalized members. This equates to approximately $16,500,000 in dividend credits AMIC has returned to its participating capitalized members since 1998. Dividends will be paid to all participating members renewing with AMIC. This is made possible because of the tremendous support from our members.

Loss Control

     AMIC’s Loss Control Department will continue to combine its Loss Control resources with the MWCF. This team approach has allowed both programs to provide 10 dedicated staff members to focus on all aspects of our members’ operations, which translates into more services and programs at a much-reduced cost.


The SkidCar system, which was implemented in 2001, has been very successful with over 20,800 police officers, fire fighters and employees trained to date. The Firearms Training System (FATS), which provides state of the art “decision making” training to our police officers, has trained more than 9,000 police officers from departments throughout the state.


 We have just completed 20 years with all services in-house. This improvement has allowed AMIC to increase its quality of services, while reducing expenses by more than $40,000,000 over the last 20 years. To put it simply, that is $40,000,000 you get to use to improve your city or town. AMIC continues to monitor its costs and is working hard to keep its expenses and your insurance costs down.

On December 31, 2020, on a statutory basis, assets were $141,796,502 and net worth was $73,272,288. Net earned premiums are $36,684,623, a slight increase from 2019. Total gross premiums written now exceed $49,200,000.


In closing, let me say it is a distinct pleasure to bring this excellent report to you. Membership continues to hold steady; member surplus is strong; and AMIC looks forward to Insuring the Future of Your Local Government.


Mayor Charles H. Murphy, Chair