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CEI insures Maryland town for 100 years

Chesapeake Employers’ Insurance Co. (CEI) recognized Rising Sun, Md., for being a policyholder for 100 years, making it the insurer’s longest-running, continuous client.

Rising Sun is located in Northeastern Maryland, in Cecil County.

The parties marked the event at a ceremony in Rising Sun’s town hall.

Tom Phelan, president and CEO of CEI, presented Mayor Travis Marion and Calvin A. Bonenberger, Jr., Town Administrator, with an engraved tray and cake commemorating 100 consecutive years of providing workers’ compensation insurance for the Town of Rising Sun.

“Today we honor and thank the town officials for their loyalty and commitment to our partnership to provide workers’ compensation coverage and related services for your employees,” said Tom Phelan. “I also thank George Coudon and Mary Jo Ragan, owners of Crothers Insurance Agency, for being trusted agent partners.”

The commissioners of Rising Sun purchased the workers’ compensation insurance policy from the Maryland State Accident Fund, the predecessor to CEI, on December 13, 1917. The policy has been in effect continuously ever since. CEI has been in existence since 1914.

CEI is Maryland’s largest writer of workers’ compensation insurance. It is a nonprofit, non-stock, private corporation, which was created by the state government as a quasi state-private insurer.

CEI rising sunIn photo at left: Pictured left to right:  Tom Phelan, President and CEO, CEI; Jo Ann Ragan, Owner, Crothers Insurance Agency; Town of Rising Sun Mayor Travis Marion; Town Administrator Calvin A. Bonenberger, Jr.; Mitesh Vyas, Underwriting Supervisor, CEI; George Coudon, Owner, Crothers Insurance Agency; and George Johnson, Territorial Account Executive, CEI.


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