June 28, 1996

ALL ASSOCIATION MEMBERS


Circular Letter No. 96-1256

RE: Minnesota Contractors Premium Adjustment Program - MCPAP

The applications for the 1997 Minnesota Contractors Premium Adjustment Program were mailed this week to all Minnesota employers who had a construction classification code reported on their current policy. Attached is a copy of the application.

The local underwriting offices of the insurance carriers will be provided with a list of all employers to which an application has been mailed. This list contains all employers with a contracting code in our database. We cannot guarantee that it is 100% accurate.

The following is our proposed schedule for implementation of the 1997 MCPAP applications:

Date of Action Action to be taken
June 28 ,1996 Applications mailed
September 1, 1996 Enrollment deadline
September 15, 1996 Start date for calculating MCPAP credits
January 1, 1997 Commencement of use of 1997 MCPAP credits
on new and renewal policies

If you have any questions concerning this program, please call our office.

Very truly yours,

JOHN P. HILDEBRANDT

President