MEMIC Awards $5K Scholarship to Caribou Student

PORTLAND, Maine, June 20, 2007 – At its Annual Meeting of Policyholders in June, MEMIC awarded a $5,000 scholarship to Caitlin Ellis of Caribou, Maine.

The MEMIC Horizon Scholarship is made annually to the spouse or child of a worker who has suffered a serious injury or death at work. More than a year ago, Ellis’s father was injured at work in an accident. The injury to his shoulder has made it impossible for him to return to work, which has hindered the family’s ability to support Caitlin as she begins her sophomore year at the University of Maine at Presque Isle.

“Caitlin is an impressive young woman who has demonstrated her personal drive to succeed in the face of adversity,” said MEMIC President and CEO John Leonard. “This scholarship is meant to help alleviate the devastating impact that a workplace injury can have on a family. We’re proud to support Caitlin in her education.”

Ellis was chosen the winner from dozens of applicants because of the demonstrated need and because of her future promise as a psychology student. The MEMIC Horizon Scholarship has been presented annually every year since 2001. With the 2007 award, the company has given scholarships totaling $45,000.


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About MEMIC

Maine Employers' Mutual Insurance Company (MEMIC), based in Portland, Maine, is Maine's largest and leading workers' compensation insurer, providing coverage to more than 21,000 Maine employers and their estimated 170,000 employees. The company is rated “A” (Excellent) by A.M. Best. More information can be found at www.memic.com. MEMIC Indemnity Company, based in Manchester, NH, is a wholly-owned subsidiary of MEMIC. It is licensed to write workers' compensation policies in more than 35 states. It is rated “A-” (Excellent) by A.M. Best.