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Press Release Contact: Debbie Hathorne

Phone: (303) 892-6966, ext. 2

E-mail: debbie@coloradoroofing.org

FOR IMMEDIATE RELEASE

Colorado Roofing Association Announces the Sixth

Consecutive Dividend for its Safety Group Program!

Innovative Workers' Compensation Program Rewards Safety and Performance

The Colorado Roofing Association in partnership with Moody Insurance

Agency and Pinnacol Assurance has announced a $313,800 dividend -- an

increase of $99,399 over last year's dividend -- for 19 members of

its Colorado Roofing Association Workers' Compensation Program!

The dividend is for the 2003-2004 policy year and is the sixth

consecutive annual dividend. Dividends are issued to participating

contractor and supplier members of the Colorado Roofing Association

Workers' Compensation Program who meet standards for safety and

compliance. Since starting the program in 1998, the group has

declared more than $2.29 million in dividends for participating

program members. The average dividend per member equals 15 percent

of the annual insurance premiums.

PO Box 480084 Denver, CO 80248-0084 Phone 303-892-6966 Fax 303-892-6322 www.coloradoroofing.org

Innovative Workers Comp Program for Roofers. Page 2

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The most recent dividend was shared among the following

participating contractor and supplier members:

Arapahoe Roofing & Sheet Metal Inc. of Broomfield, Colo.;

Highline Metals Inc. of Aurora, Colo.;

AVI Inc. of Denver;

Kieft Brothers West Inc. of Denver;

Basalt Roofing of Basalt, Colo.;

Platte Valley Roof Systems Inc. of Brighton, Colo.;

Black Roofing Inc. of Boulder, Colo.;

Pro-Tech Roofing Systems LLC of Larkspur, Colo.;

Colorado & Santa Fe Land Co. of Broomfield, Colo.

Stahl Roofing Inc. of Denver;

Statewide Wholesale Inc. of Denver;

D&D Monarch Sheet Metal Inc. of Commerce City, Colo.;

Summit Roofing Inc. of Telluride, Colo.;

TL Roofing of Durango, Colo.;

D&D Roofing Inc. of Commerce City, Colo.;

US Facilities Management of Broomfield, Colo.;

Grand County Roofing & Sheet Metal Inc. of Granby, Colo.;

Weathersure Systems Inc. of Englewood, Colo.; and

Wilson Brothers, Inc. of Denver

"We designed this program to provide additional loss control

services, specialized claims management and an up-front premium

savings for a very tough segment of the insurance industry." Said

Brad Moody, executive vice president of Moody Insurance Agency.

"While encouraging improved worksite safety, participating members

can realize significant cost savings and create a competitive

Innovative Workers Comp Program for Roofers. Page 3

advantage. It is a proactive and time-tested approach to reducing

insurance costs."

The Colorado Roofing Association Workers' Compensation Program,

managed by Moody Insurance Agency, was created to take advantage of

the preferred pricing offered to association programs by Pinnacol

Assurance. The program is offered to contractors who can meet

stringent participation criteria. There are currently 30 program

members.

For more information about the Colorado Roofing Association, call

303-892-6966 ext. 2 or log-on to www.coloradoroofing.org.

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