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Insurance Services  >  Safety Group 430

Safety Group 430 is the workers compensation insurance program of NYSADA. The Safety group 430 program has provided a safe haven for its dealer members since 1949. Having a long history of financial stability, a member is not exposed to further costs due to assessments or the risk associated with joint and several liability. If for any reason your dealership should ever leave Safety Group 430, you are only responsible for your claims.

Safety Group 430 offers a full range of services including;

On-site safety inspections,
Coordinating health and safety training,
Quarterly claims activity reports,
Regulatory compliance assistance.

SG430 Quick Links
 
 
 
 
 
 
 

Executive Committee

 

 Jim Morrell,
 Chairman
 Destination Nissan
 Destination Kia

 
 

 Steve Miller
 Vice Chairman
 Miller Motor Car Corp.

 
   Robert Vancavage
 Secretary
 NYSADA
 
   William Fox
 Fox Chrysler Dodge Jeep Inc.
 
   Robert Certilman
 Smithtown Acura
 
   William Cram
 Bill Cram, Inc.
 
   Louis Roberti
 Arroway Bedford Hills LLC
 
   Russell Geller
 Beck Chevrolet Co., Inc.
 
   Tom Morrone
 McCredy Motors, Inc.
 

  Find Your Safey Group 430
  Field Representative

  Click on the map below to find your
  Safety Group 430 Field Representative


 

  On-Site Safety Inspections/
  Health and Safety Training
  To arrange a comprehensive health and
   safety inspection or to coordinate on-site
   safety training, please contact;
   Erik Michelsen at (518) 463-1148 ext. 310,
   or via email
erik@nysada.com.




Contingent Balance - Beginning of Period ..........   $55,190,330.74

Adjustments Affecting Prior Periods ...................   $-6,280,558.63

        Adjusted Contingent Balance ...................................   $48,909,772.11

Earned Premiums for the Year .............................   $32,622,507.67

Interest Earnings ....................................................   $1,793,685.75

Assessment Reimbursed ........................................   $3,751,588.38

        Total Earnings ................................................   $38,035,901.73

Incurred Losses and Charges ...............................   $13,334,515.50

Net Earnings for the Year ................................................   $24,701,386.23


Available Contingent Balance .........................................   $73,611,158.34

        Current Years Dividend .....     35.00%     ...............   $11,417,877.68

Contingent Balance - Close of Period .............................   $62,193,280.65


This accounting has been discussed in detail with your Group Manager and with your Executive Committee, who have been furnished with copies of the actual loss and accounting statements.

The staff at Safety Group 430 have years of experience in the field of Workers' Compensation, and work place safety. Our staff of professionals are ready to provide hands-on service.

Claims/Billing/Audits

For questions about claims, billing, or coordinating premium audits, please contact either;Tierro Davis at (518) 463-1148 ext. 296 or via email  tierro@nysada.com, Patrick McCabe at (518) 463-1148 ext. 301 or via email patrick@nysada.com, or Gordon Brown at (518) 463-1148 ext. 303 or via email gordon@nysada.com.

Quotes

To receive a quote contact; Jeff Scardino at (518) 463-1148 ext.321 or via email jeff@nysada.com.

General Questions about Safety Group 430
For general questions about NYSADA and our insurance programs, you can call Jeff Scardino, Insurance Director at (518) 463-1148 ext. 321.

NYSIF Safety Group No. 430
Accounting Report


Click on the image below to view the full report
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