Independent Electrical Contractors Of Oregon - OEC/IECO

OGSERP Discount: 1% for 7/1/2011-6/30/2012
John Killin, Executive Director
8625 SW Cascade Ave #100, Beaverton, OR 97008
P: 503.598.7789  F: 503.598.1192
Website: http://www.iecoregon.org/ (for dues and membership information)

Eligibility Criteria

• Must have an annual standard premium of greater than $2,500
• Be a member in good standing of the association (dues paid current)
• Earned experience rating 1.00 or less (non-rated accounts for which an exception is being requested require referral to an underwriter)
• Three year base period incurred loss ratio less than 40% (current year losses should be considered)
• Three year base period frequency of business operations less than SAIF average frequency for the principal class for accounts newly enrolling in the group*
• Three year base period frequency of business operations less than 1.5 times the SAIF average frequency for the principal class for current group members renewing in the group* 
• Underwriters have judgment authority for approving group pricing

* SAIF calculates an average expected claim frequency (per $100 payroll) for each class effective January 1 each year using the expected frequency for the year that corresponds to the effective date of the policy year being priced.

Principal Class Codes