2021 Annual Report

We had another outstanding year in 2021 marking new highs for covered payroll, premiums collected, and contributions to Member Distribution Payable for the fund!

At TBG, we continued to work remotely, which turned out to be an opportunity to remodel our offices without any interruptions to our work or services. Like everyone else, we experienced material issues and worker shortages, but the project should be completed by June. If you are in the area, stop by and take a tour of the changes, as I am sure you will be impressed.

TBG is proud to be celebrating 25 years in business! In 1997, a group of concerned tradespeople determined that if the right people got together and acted responsibly, they could overcome the high cost of workers’ comp in the trades. Today, as we plan the celebration of 25 years, and what we have achieved what they envisioned – a financially stable fund for the construction industry! Thanks to all of you for making this possible!

Download the 2021 Annual Report

TBG DIVIDEND ANNOUNCEMENT – 2018

November 21, 2018
 
TBG Dividend Announcement
 
I am proud to say that for the third year in a row, we are in the financial position to pay another
dividend to qualifying members!

There are a several factors that allow us to pay these dividends to members, however the primary
reason is from the support and commitment of our members over the years. Another is TBG’s
dedication to controlling workers’ compensation costs through safety services training, proactive
claims management and a dedicated NurseCare Hotline. Under the guidelines of our dividend policy, the TBG Board of Directors has declared a $2,704,456 dividend which will be paid in May of 2019.

To qualify for a dividend, a member has to meet three basic criteria:

  1. You were a member of the fund during the year the dividend is based on.
  2. You must be a member on the date the dividend is paid.
  3. Your loss ratio must be less than the breakeven loss ratio for the fund year the dividend is paid from.

Thank you for your support and loyalty to The Builders Group. Your help in making workers’ comp work is critical to us. Working together, we can continue to enjoy a return on our investment for years to come.

Regards,

Stu Thompson, CEO