State Fund Recognizes MBIA Safety Record
Montana State Fund (MSF), Montana’s largest workers’ compensation insurance company, presented a check worth nearly $540,000 to the Montana Building Industry Association (MBIA). The check is in recognition of MBIA’s GRIP program (Group Retention Insurance Program) and their superior efforts to improve workplace safety. Approximately 250 of MBIA’s 1500 members participate in the program which is designed to reduce on-the-job accidents through safety training and awareness. Montana is near the highest in the nation in workplace accidents and fatalities, and the construction industry is one of the most dangerous.
“Montana State Fund applauds the efforts and determination of the Montana Building Industry Association’s GRIP program to reduce workplace accidents and send their workers home safely at the end of the day,” said Laurence Hubbard, President and CEO of MSF. “It is commitment like theirs that will have a lasting and meaningful impact on Montana’s workplace safety culture.”
MBIA Executive Director, Steve Snezek said “MBIA’s GRIP program has a strategic vision to reduce on-the-job accidents and fatalities. We know Montana, and especially the construction industry, leads the nation in these types of incidents. MBIA’s GRIP program is designed to reduce the occurrence of accidents and we are grateful to have a partner like Montana State Fund in this endeavor. The program is working, and this check proves that safety pays.”
The MBIA GRIP program has been in existence with MSF since 1997 and has resulted in nearly $6M in returns to deserving policyholders who are committed to operating a safe workplace.