WVFA Winter 2018-19

W V L O G G E R S C O U N C I L N E W S www.wvfa.org Winter 2018–2019 |  West Virginia Forestry Association Mountain State Forestry 25 Workers’ Comp Answer for Many Found WVFA, THROUGH ITS WV LOGGERS COUNCIL and Insurance Committee, has been pursuing a range of workers’ compensation insurance alternatives for the logging community. After a series of dead ends, we have identified a viable alternative to existing workers’ compensation choices. This option is available to WVFA members only and is for both mechanized and non- mechanized logging configurations and based on preliminary estimates can generate significant savings for those that qualify. If you are interested in exploring this opportunity, please contact the WVFA office at 681-265-5019 for more information. WV WC Rates Drop GOV. JIM JUSTICE REPORTS that the National Council on Compensation Insurance (NCCI) has filed for another 13 percent average decrease in base rates for Workers’ Compensation Insurance in West Virginia effective November 1, 2018. According to State Insurance Commissioner Allan McVey, the decrease applies to all standard classifications. Also, the Assigned Risk base rates will decrease an average of 10.3 percent. These 14 consecutive decreases also amount to a cumulative decrease of 75.8 percent and aggregate premium savings of $398 million. Do you think you are paying too much for Workers Compensation ? Let’s Find out! If you have had Worker’s Compensation for 3 years and would like to see if you qualify for a 20-30% reduction in Workers Compensation Premium please complete the information below. Business Name____________________________________________________ Address__________________City________________State____Zip__________ Contact Name____________________Phone #__________________________ WV Timbering License (License #) ___________________________________ Certified Logger (Name & Certification #)_____________________________ Are you a WVFA Member?____Yes:______________No:___________________ Then, clip it out & mail it to: WVFA, 2008 Quarrier Street, Charleston, WV 25311