Group Participation Rules – Criteria
To participate in the SRBX/SCIF Workers’ Comp Group Program, the following criteria must be met:
- The participant must be a SRBX member or insurance group Member in good standing ($50 dues or SXBX dues paid and current)
- The business must be “eligible to participate in the following group program: 692 – Construction Schedule
- The participant must meet the following Loss Experience Criteria:
Loss ratio for the last two most recently completed policy years of 50% or less, and
Most recent Experience Modification of 110% or less
- The participant must agree to the rules and regulations of the group program
- The participant must cooperate with all safety efforts put forth on behalf of SRBX and/or the designated State Compensation Insurance Fund (SCIF) Loss Control Representative
Participation in the SRBX Workers’ Comp Program shall terminate any other Workers’ Compensation group policy arranged by the firm or corporation. Participation shall not be assignable or transferable.
If you have any questions about the SRBX/SCIF Workers’ Comp; Group Program please contact Jim Neely, Safety Coordinator, jneely@sbxchange.net(916) 442-8991 x 114 or Erle Hansen, State Fund Representative, (916) 622-6489.