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News / Business / Business Briefs

Clark County builders get cut of $2 million reimbursement

By The Columbian
Published: June 27, 2018, 6:03pm

The Building Industry Association of Clark County is distributing a little more than $2 million among 203 local builders who paid into its insurance program.

The money comes from rebate checks for its Return on Industrial Insurance Program, which promotes safety on job sites. Companies that get rebates have paid premiums that exceed their claims in the program.

The Building Industry of Washington runs the program statewide and has reportedly collected $90 million in premiums from 1,800 companies, according to the Wednesday announcement.

BIA representatives said that companies have received refunds of about 38 percent over the last three years.

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