ACCG-GSIWCF Announces Dividend and Rate Reduction For 2018

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On Nov. 17, 2017, the ACCG-Group Self-Insurance Workers’ Compensation Fund (GSIWCF) Board of Trustees voted to return a dividend in the amount of $4 million to its membership. The dividend, which equals the largest in program history, will be in the form of a premium credit to those members who have been in the program since 2008. The total amount of dividends returned to the membership since 1985 is $72.7 million. McDuffie County Commissioner Fred Favors serves as chairman for ACCG-GSIWCF.

In addition to the increased dividend, the Board voted to decrease workers’ compensation rates by 3.1 percent. This marks the fourth consecutive year that workers’ compensation rates have decreased. The new rates, upon approval from the insurance commissioner’s office, will become effective on Jan. 1, 2018.

For information on the ACCG Insurance Programs, please contact David Uhlman or Ashley Abercrombie at 404-522-5022.