Creating Safe Workplace Environments Has Profitable Impact For Fund Members
The Michigan Grocers Fund (MGF) has announced that its members will receive a profit return of $581,826 for the 2025 policy year. This brings the total profits returned to members since 2014 to over $4.6 million.
The success of the Michigan Grocers Fund is attributed to its focus on workplace safety. By creating a safer workplace for employees, the Fund is able to keep workers' compensation costs to a minimum, resulting in greater profits for its members. The Fund has a selective underwriting approach, only accepting grocery and convenience store business owners with a proven track record of low losses, acceptable work exposures, an implemented safety program to pro-actively train their employees.