MEMIC Makes First Horizon Scholarship Awards

PORTLAND, Maine, July 25, 2001 – Maine Employers' Mutual Ins. Co. (MEMIC) has made its first ever awards in its Horizon Scholarship Program by making $2,500 grants to two southern Maine women.

Crystal Young of Buxton and Jessica Poitras of Portland were the first winners in the new program sponsored by MEMIC to benefit the children and spouses of workers who have been seriously hurt as a result of a workplace injury.

Young, a graduate of Bonny Eagle High School, will be a junior at the University of Maine at Farmington where she is a Biology major. Poitras, who graduated in June from Deering High School in Portland, plans to major in Mathematics at the University of Southern Maine.

The winners were chosen for their academic achievement, demonstrated financial need and their future promise.

"We're delighted to make these first-ever awards to two outstanding young women," MEMIC President and Chief Executive Officer John T. Leonard said. "Workplace injury can have an impact on an entire family. We hope that these awards will help provide some relief for families who have suffered through a serious injury."

The MEMIC Horizon Scholarship Program was created by the company's board of directors as an acknowledgement of the impact a workplace injury can have on a family. While insurance pays medical costs as well as replaces lost wages, no insurance can possibly cover items such as college expenses for the next generation.


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About MEMIC

MEMIC is Maine largest and leading workers' compensation insurance carrier. It insures 19,000 of Maine's 27,000 insured businesses and their estimated 200,000 employees. A champion of workplace safety since its inception in 1993, MEMIC recently earned an A rating from A.M. Best Company, the insurance industry's most respected benchmarking organization.