Workers Compensation

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WorkCompWire, an online news and information service, offers timely access to relevant news, events and analysis affecting the workers’ compensation industry.

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Member-Owned Workers Compensation Program

About the ABC Fund...
The Associated Builders and Contractors (ABC) Fund was established in 1995 to help members control their long term workers’ compensation costs.Owned and operated by its members, the ABC Fund offers the same protection as an insurance company.With claims management specific to the construction industry and lower expenses, the Fund passes the savings back to its members. The ABC Fund has returned millions of dollars since its inception.The ABC Fund, like many highly successful group self-insured funds, allows both small and large businesses the opportunity to realize the savings.

Cost Control
  • Members own and control the Fund
  • Strict underwriting and eligibility requirements
  • Excess loss insurance is purchased to protect against catastrophic claim payments
  • Competitive up-front premiums with discounts available for good loss performance
  • Return of premium: surplus premium not needed to pay claims is returned to participants following regulatory approvals

Value Added Service
  • User-friendly payroll audit to accurately reflect job classifications
  • Attention paid to claim costs to protect against waste and fraud
  • Online claims reporting
  • Prompt, personal attention to your claims and questions by experienced adjusters and service representatives
  • Board of Trustees comprised of ABC Fund members
  • Safety education resources available for employee safety training
  • Prompt, personal attention to your claims and questions by experienced adjusters and service representatives
  • Newsletters and member report cards to keep members informed of their performance
  • Members receive surplus premium back MILLIONS returned!

For more information contact the Greater Michigan Chapter at (989) 832-8879 or visit abcmifund.org