Associated Builders and Contractors of Western Washington earned more than $4.5 million in workers’ compensation premium refunds for the 400+ members who participated in the
ABC Retro program for the three most recent plan years.
While there has been a lot of discussion about Labor and Industries and their miscalculation of retro refunds over the last couple of months, and
ABC did see refunds drop slightly for 2005-2006 and 2006-2007, overall, the program achieved one of the higher refunds in the state for their 2007-2008 plan year. Top performers in the program for the 2007-2008 year earned over a 33% return.
During these interesting economic times, one member may have summed up what everyone is feeling. “We are very pleased to be able to provide refunds to our members, especially now when extra cash is so welcome,” said Retro Chair
Ron Nolten (Dochnahl Construction, Inc.).Many retro programs were not as fortunate as ABC, as the miscalculation impacted their refunds more significantly. ABC would like to thank all of its members for their continued commitmentto providing a safe work environment for their employees, which helped make these refunds possible. ABC would also like to thank ERNWest and their staff for their dedication to claims management, and loss control. The partnership with ABC and ERNWest has been very successful, and we look forward to continuing to provide our members with healthy refunds for years to come.