Thank you for visiting the website of the Massachusetts Chapter of Associated Builders and Contractors, Inc. The Massachusetts Chapter of Associated Builders and Contractors is the largest construction trade association in the Commonwealth, representing companies that employ more than 20,000 workers throughout Massachusetts.
Our association exists to advocate for and promote the work of merit shop contractors and their employees who represent the majority of the construction workforce in Massachusetts. We believe that the Commonwealth and its residents are best served through an open and competitive bidding process that allows all contractors an equal opportunity to work. I encourage you to explore our website and learn more about our membership and all that our chapter has to offer.
Sincerely,
KYLE REAGAN
ABCMA BOARD CHAIRMAN
** CHAPTER NEWS BRIEFS **
ABC Workers Comp. Self Insurance Poised for Successful 2010;
Group’s Performance/Value Surpasses Traditional Insurance Market
The ABC Massachusetts Workers Compensation Self Insurance Group is on track for continued success and additional growth in 2010.
“The ABC SIG has already taken in a new member this year, and the prospects look great for the group to grow and offer even more value-added benefits for contractors in this challenging economy,” said ABC MA Chapter President Greg Beeman. “The performance of the ABC SIG looks extremely good measured against the current traditional market,” he said.
The ABC SIG has achieved a loss ratio of 17 percent over the past three years, as compared with commercial market averages of over 60 percent. This performance has led to more than $3 million in dividends being paid to members over four years. Participating companies recently received dividend checks totaling $475,000.
"Self-insurance is a way for a business to lower ongoing premium expenditures. Given the strong track record and performance of the ABC MA Self-Insurance Group, considering the SIG is a smart business decision. Now is an ideal time to find out why some of ABC's finest contractors belong to the program," said Jim Abbott, Business Development Officer for TD Insurance. Abbott , who served as ABC MA Vice President/Director of Membership for five years, noted that he repeatedly heard praise for the ABC SiG from participating members.
State regulators have also praised the ABC MA SIG. “The record of the ABC SIG is one of tremendous success,” said Jim Wright of the Massachusetts Division of Insurance, who addressed the group last fall. Wright, who oversees SIGs for the state and has worked with the ABC group over the past 15 years, said, “It’s hard to believe how good the results are.”
Wright said that while “construction is not noted for safe workplaces,” he cited the ABC SIG’s focus on safety as the reason for the hard-to-believe results. These results include a drop in claims by nearly two-thirds over the last five years.
SIG President Michael Battista (R&R Battista Services) said the results speak to the benefits of self-insurance groups and the commitment of ABC SIG members. “SIGs allow employers to proactively manage their workers compensation. The ABC SIG has taken that to a new level with its focus on loss control, claims management and overall performance,” he said. “We retain companies year after year because they see how well the ABC SIG works,” he said.
For more information on the ABC Workers’ Compensation SIG, please contact Jennifer Monkiewicz of FutureComp/TD Bank North Insurance, the administrator of the group. She can be reach at 978-983-6833 or jennifer.monkiewicz@tdbanknorthinsurance.com.
ABC Members: Post Your OSHA 300A!
A quick reminder that on February 1st employers with 10 or more employees will once again be required to post their OSHA Form 300A - “Summary of Work-Related Injuries and Illnesses” per OSHA rules. The 300A summary must be posted from February 1 until April 30 and must be placed in a “conspicuous place or places where notices to employees are customarily posted” and that the “…posted annual summary is not altered, defaced or covered by other material.” With OSHA’s efforts to establish a National Emphasis Program on Recordkeeping for the construction industry, it is vital that all ABC members follow this guideline to avoid potential citations.