Mechanical contractors face an uncertain insurance market. MCAA’s new Captive Insurance Management Methods Bulletin explores the use of captive, or privately held, insurance as a way to mitigate risk and provide greater cost control relative to a contractor’s insurance premiums. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.
The bulletin covers:
- What captive is, and why contractors might join a captive plan
- What group captives are
- The captive structure
- How captives work
- The captive marketplace
- How contractors are using captives to avoid complacency
- How contractors are using captives to formalize their practices and create repeatable processes that drive predictable results
- Who qualifies to join
For a full list of available Management Methods Bulletins, visit the Management Methods Bulletins page.
Find all of MCAA’s educational resources in the Resource Center.
Have Questions or Need Personal Assistance?
Contact MCAA’s Frank Wall.
On Wednesday November 20, 2024, the Pipeline Hazardous Materials Safety Administration (PHMSA) published a notice explaining that for calendar year 2025 it is increasing from 25% to 50% the rate of random drug and alcohol testing for employees of operators and contractors engaged in operations, maintenance or emergency response for gas pipelines facilities, hazardous liquid pipeline facilities, carbon dioxide pipeline facilities, liquefied natural gas (LNG) plants, and underground natural gas storage facilities. In the notice, PHMSA also clarifies how operators and contractors should report their drug and alcohol testing data.
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Looking for the latest from @aquatherm and Morris Group International? Find it in MCAA’s Virtual Trade Show! >> https://ow.ly/aK8B50TupHO
A power plant chose Apollo® Valves from Aalberts integrated piping systems for a vital environmental upgrade. Apollo Valves products were selected for their reliability, durability, and precision—crucial characteristics in managing limestone slurry. >> https://ow.ly/Vy8k50TrUGI
MCAA’s Field Leaders Conference is where field leaders realize their value.
Click the link to learn more about Mark Breslin's session, Legacy Leadership, and about the November conference in Atlanta, GA.
https://www.mcaa.org/news/flcbreslin-2024-atlanta/
Registration for MCAA's Advanced Institute for Project Management opens October 1st! This unique educational experience is for individuals with 8+ years of project management experience. Get ready to join us January 19 – 23, 2025, in Austin, TX! >> https://ow.ly/xz5g50TrMab
