The Washington Department of Labor and Industries (L&I) just released the refund data for workers’ compensation retro groups in Washington. Vigilant is very pleased to report a 34 percent refund on our group’s premium for the 2012-2013 plan year. This will result in $8.4 million in refunds, the largest amount in our group’s history. We are thankful to work with a wonderful group of employers who are committed to keeping people safe and reducing claim losses. Our retro program is governed by a committee of five of our participating members, who will be meeting next week to talk about our distribution and reserve strategy. If you’re a Vigilant retro participant in Washington, be on the lookout for your retro refund sometime during the third week of June. If you’re not participating in retro but would like more information, please contact Trish Leimbach at 800-733-8620 or TrishL@vigilant.org
This website presents general information in nontechnical language. This information is not legal advice. Before applying this information to a specific management decision, consult Vigilant or legal counsel.