The Associated General Contractors Oregon-Columbia Chapter and SAIF Corp. on Wednesday announced a $3.4 million retrospective return for the 639 companies that participated in the group workers’ compensation program.
The return represents 9.98% of premiums paid during the 2018-19 policy year, SAIF said in a statement.
Individual results and retro checks will be mailed directly from SAIF to policyholders in mid-August.
SAIF said the group program has paid a retrospective return to AGC members in 27 of the past 28 years, surpassing $196 million in total.
Although the retro return is lo...
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