2013 Year in Review

Happy New Year! With 2014 off to a great start, let’s take a moment to remember all the milestones of 2013.

Introduction of MR OCIP: The Master Rolling OCIP (MR OCIP) program launched in early 2013. The program offers cost savings, better coverage, more control, and higher limits of insurance than traditional construction insurance.

New Member Area: This one’s for our members! We wanted you to have a simple place to find all your program information, policy documents, subsidies, and more, so we introduced the New Member Area. To access the New Member Area, please go to our website and login to your dashboard.

New Claims System: Although SIMS, the new claims system, officially kicked off January 6, 2014, the leg work for implementing this new claims system was done in 2013. This new system will make claims handling more efficient for EIA Staff.

Schools Forum: A special Forum was launched on the EIA Message Board for Schools topics creating an ideal way to communicate directly on schools issues. Stay tuned to the EIA Website for more Schools related content.

EIA Budget Recognized: The EIA was awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) of the United States and Canada for its comprehensive annual report (CAFR) for the fiscal year ended June 30, 2012. In order to be awarded a Certificate of Achievement, a government’s CAFR must be easily readable and efficiently organized, as well as satisfy both generally accepted accounting principles and applicable legal requirements.

Awards: The GFOA also awarded the EIA the Distinguished Budget Presentation Award for its 2013/14 budget, as well as the Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR) for 2012. The EIA’s 2013 PAFR has been submitted to the GFOA for consideration this coming year.

Loss Prevention: There were many fascinating and informative classes in 2013 including Supervisor University, Effective Presenter, Safety Management Certification, CPR Training, and so much more. If you’re interested in other trainings, contact Maria Blanco.

Board of Directors Approved Changes to Addendum A: At the October 4, 2013 meeting, the EIA Board of Directors approved final changes to Addendum A – the Workers’ Compensation Claims Administration Guidelines.

Re-Accreditation: The EIA was re-accredited with excellence by CAJPA and also received AGRIP’s Recognition, both for another 3 years.

Dividends: Over $10M in dividends ($6.5M in PWC, $3M in GLI, and $550k in PGL) were declared in 2013.

In 2014…

Happy 35th Anniversary EIA: In 2014 the EIA will celebrate 35 years as a member directed insurance risk sharing pool. That means 35 years of working with members to provide stable, secure, and flexible risk coverage programs!

We hope all our Members had a happy Holiday Season, and have a wonderful 2014!