Liberty Northwest Returns $2 Million to Building Contractors

Liberty Northwest announced Tuesday that it is returning a total of $2 million to members of the Liberty Premier Contractors Group (LPCG) through a retrospective rating adjustment for the workers’ compensation insurance program.The rating adjustment reflects the participants’ safety performance during the policy year ending Oct. 1, 2008, and amounts to a total net group savings of 21%, which includes premium adjustments, tax savings, and non-disabling medical reimbursements, Liberty Northwest said.Plan participants include the Oregon State Association of Plumbing-Heating-Cooling Co...