Workers’ Compensation Insurance

Serving Virginia's Best Contractors

Commonwealth Contractors has been owned and operated by Virginia Contractors since 1981 providing the Virginia construction industry with a profitable and unique way to manage their workers' compensation costs.

By combining premiums with other like-minded companies who focus on preventative safety, monies are invested until such time as they are needed to pay claims and other expenses, and the surplus is returned to the membership in the form of dividends. The better the Group performs the more potential for eligible returned premium.

Joining a Group Self-Insurance Association (GSIA) is a strategic investment in the long-term profitability of your business. By proactively managing your safety, you will not only pay less in premium, you will profit more through a safe and productive work environment for you and your employees. It’s a win-win scenario.

We strive for excellence in how we operate and the services we offer members.

Our History

Commonwealth Contractors Group Self-Insurance Association (CCGSIA) was organized in 1981 and licensed on May 1, 1981. Initially formed as a roofing contractor pool, the Group was originally called the Virginia Association of Roofing Contractors. From the beginning however, non-roofing contractors were accepted and in 1985 the name was changed to Commonwealth Contractors Group Self-Insurance Association.

CCGSIA provides workers' compensation insurance to Virginia businesses engaged in construction and related occupations. These businesses become members of the Association and share in profits from operations. A Members' Supervisory Board elected by the members supervises the administration of the Association. The membership agreement contains a provision whereby each member jointly and severally agrees to assume, pay and discharge any liability of the Association under the Virginia Workers' Compensation Act. For this reason, each member of the Association must provide an annual financial statement showing a positive net worth.

The by-laws of the Association provide, among other things, that the portion of each members' premium contribution which shall not be required to pay claims, administrative expenses and fees or to fund required or appropriated reserves may be returned to the members of the Association from time to time but only when specifically authorized or approved by the Members' Supervisory Board and by the Bureau of Insurance.

History of Group Self-Insurance Associations in Virginia

In 1978, the Virginia General Assembly formed a legislative committee to study the problem of high Workers' Compensation premiums for employers and to determine what other states may be doing to combat this challenge.

The result of the study was legislation enacted in 1979 by the Virginia General Assembly to allow the formation of Workers' Compensation Self-Insurance Funds. In Virginia, these entities are referred to as Group Self-Insurance Associations (GSIA's).

The task of regulating the GSIA's was assigned to the Virginia Bureau of Insurance and not the Industrial Commission (Virginia Workers' Compensation Commission), which handles all other Workers' Compensation matters. After considerable work by the Bureau of Insurance, a set of regulations was promulgated under which GSIA's would operate in Virginia. The first Group to be licensed by the Bureau of Insurance began operations on July 1, 1980. Since then, others have been licensed in various categories of business and tremendous interest has been created by the concept in Virginia.  

Supervisory Board & Management

Members of our Supervisory Board each represent member companies, and are elected by the membership to serve a renewable three-year term.

To manage day to day operations, the Group is served by two companies. The Administrator, who handles billing, underwriting, accounting and coordination and a Third Party Administrator, who manages claims, underwriting, loss control, marketing and excess insurance placement.


Commonwealth Contractors has a rich history of premium return to its membership. Since inception, over $82 million has been declared in the form of dividends. Effective loss control programs, comprehensive claims handling and sound underwriting have all contributed to the Group's success.

View dividends from previous years

A.M. Best Rating

Commonwealth Contractors is unique in that it is a GSIA that carries an A.M. Best rating. Since 2001, we have made a commitment to participate in the vigorous review process that is required of companies desiring an A.M. Best Rating. We are proud of our A- rating.