ACCG WORKERS’ COMPENSATION INSURANCE FUND
ANNOUNCES $3 MILLION DIVIDEND
The Board of Trustees for the Association County Commissioners of Georgia (ACCG) Workers’ Compensation Insurance Fund recently voted to return a dividend in the amount of $3 million to members participating in the program. The Workers’ Compensation Insurance Fund, formally called the ACCG-Group Self-Insurance Workers’ Compensation Fund (GSIWCF), is a non-profit, member-owned workers’ compensation insurance pool designed to meet the insurance needs of Georgia county governments.
This marks the 16th consecutive year that ACCG Workers’ Compensation Insurance Fund has returned a dividend, which is intended to benefit the long-term participants of the insurance program. Since 1985, the program has returned more than $42 million dollars to the membership. The dividend will be returned in the form of a premium credit to members who have participated in the program since 1999.
Because county governments are responsible for many programs and services not commonly provided by the private sector, such as law enforcement, jails and road maintenance, they require specialized coverage. The Workers’ Compensation Insurance Fund pool allows counties and authorities to pool their risk in a program designed to meet these unique needs. The ACCG Workers’ Compensation Insurance Fund currently has 168 members, consisting of 134 counties and 34 authorities.
To complement the Workers’ Compensation Insurance Fund, ACCG also offers property and liability insurance as well as a fully-insured Group Health Benefits Program through Blue Cross Blue Shield of Georgia. Furthermore, ACCG offers Local Government Risk Management Services (LGRMS) to its members in partnership with the Georgia Municipal Association at no additional charge. LGRMS provides training for county and authority employees on a wide range of loss-control topics including legal liabilities, jail exposures and workers’ compensation issues. LGRMS also has two driving simulators that are used to train defensive driving techniques for county personnel. LGRMS also provides wellness program consultation to counties and authorities that participate in ACCG’s Group Health Benefits Program.
ACCG
http://www.accg.org/