STA Workers’ Compensation Safety Group- Join Today!
As more and more subcontractors search for ways to cut rising workers’ compensation insurance costs, safety groups are becoming increasingly popular. Companies in the same industry, such as construction, combine their premiums to spread the insurance risk over a much larger group of workers, compared to the limited options available to any single company. In 1994, NESCA and its state affiliate Empire State Subcontractors Association (ESSA), established workers’ compensation safety group #560 through the State Insurance Fund. Over the 23 years of its existence, the STA Safety Group has been able to build a very healthy and sizable contingent balance (retained earnings). The STA’s collaboration with our safety group manager, American Global, has resulted in a long and trusted relationship that has delivered many thousands of dollars in upfront discounts and dividends to participating members. The STA Safety Group is not a self-insured trust. It is fully insured and not subject to group assessments, nor is there joint and several liability among member participants. The STA’s Safety Group bands together subcontractors to reduce their workers’ compensation insurance costs by instituting professional accident control programs and claims services that produce positive results for participants. In addition to discounts and dividends, American Global offers many value-added services which include assistance with maximizing discounts to further reduce your workers’ compensation rate through: Assistance in filing Construction Classification Premium Adjustment Program (PAP Credit Application); managing losses and Experience Mod fluctuations; assistance with audit discrepancies; and in-house claims handling.
For more information, please contact:
Claims and Safety Group Manager