Members of the Associated Builders and Contractors of Michigan Self-Insured Workers’ Compensation Fund continue to be rewarded for their outstanding performance! For the 2023 policy year, participants of this highly successful self-insured workers’ compensation program will be receiving their largest return of profit in the Fund’s history. This year the Fund was approved to distribute $15,144,073 profit back to its members. Since 1995, the total profits returned are over $119,224,000.
For 28 years, the ABC Fund has operated for the exclusive benefit of its members. The Fund has been a stable and competitive market for eligible ABC of Michigan members and now available to residential builders and contractors of HBA Michigan. As a member-owned program, the Fund is committed to working with contractors to provide a safer workplace for their employees. This in turn helps keep workers’ compensation costs to a minimum. Over 540 members are currently participating in the program.