Congratulations to our 2013/2014 Board of Directors and Associate Council who were installed at our Installation Luncheon on Friday, November 4th. Nick Castjohn, GMB, CGB, CGR, CAPS, CGP of Renovate, Inc. will serve as president for the coming year.
Nick Castjohn, the president and owner of Renovate, Inc., is a third generation general contractor. He is well versed in the practices of insurance restoration as well as residential and commercial building and remodeling. He is also a licensed insurance adjuster for commercial and personal property loss.
Mr. Castjohn is a graduate of Texas A&M University and Tulane University. He is dedicated to furthering his knowledge about the latest in construction practices and is constantly looking to increase his awareness of new products and techniques by staying informed about the latest in advancements related to his industry. Mr. Castjohn was appointed to the Louisiana State Licensing Board for Contractors and serves as a board member on the Residential Subcommittee. He has served as the Chairman of the Louisiana Home Builders Association Remodelers Council in 2007. He is also the sitting Treasurer at the Better Business Bureau of New Orleans.
Other senior officers are Doreen “Dodie” Adams, CSP, CGP, CAPS, CGB of Integrity Builders will serve as Vice-President, Benjamin Seymour of Trezevant Builders, LLC will serve as Treasurer, S. Blake Mendheim of 110 Builders, LLC will serve as Secretary and Susan Meyer, CGP, CAPS of Conbeth Development will serve as Immediate Past President.
- Gold Sponsors:
- HomeBuilders SIF - Southern Custom Painting
- Silver Sponsors:
- 2-10 Home Buyers Warranty - Advanced Building Products - Coastal Insulation of La, Inc. - Dash Lumber & Supply - E.J. Milligan Construction Fidelity Homestead Savings Bank - First American Bank & Trust - Hurley Homes, LLC - Insurance Underwriters Limited - R.W. Krebs, LLC - Sparks Electric, A/C, Heating & Gas, LLC - Tammany Supply/Div of LCR
- Bronze Sponsors:
- Bolick Distributors, Inc. - Conbeth Development, LLC - J Hand Homes, LLC Kennedy, Lewis, Renton & Associates - Sherwin Williams
2013/2014 Board of Directors: Front Row: Dodie Adams, Cindy Cusimano, Susan Meyer, and Joanne Crespo, Middle Row: James Richardson, Madison Burris, Jules Guidry, John Filipowicz, Nick Castjohn, Nicholas Cavalier, and Michael LeCorgne Back Row: Ross Levee, Keith West, Jason Hand, Darwin Sharp, S. Blake Mendheim, and Ben Seymour.
Front Row: Carrie Sanders, Joanne Crespo, Madison Burris, Cindy Cusimano, John Filipowicz, Nicholas Cavalier. Back Row: James Richardson, Bethany McCulla, Bill Kirk, Charlie Cusimano, Kim Camet and Jim Andrews. Not pictured: Megan Ferran, Chad Hamilton, Jason Westbook and Wayne Young
A message from DAVID CHAMPAGNE, Chairman of the HomeBuilders SIF Board of Trustees and YOUR representative from the St. Tammany HBA.
The HomeBuilders SIF’s Board of Trustees met recently for its Quarterly Trust Meeting. Our 2013 fund year is underway and we are seeing continued positive, steady growth for the Fund. On behalf of the Board, I am pleased to share these meeting highlights:
$1 MILLION DIVIDEND TO BE DISTRIBUTED IN MARCH: The SIF Board voted to distribute a $1 Million dividend to qualifying members in March 2014. This will be the second dividend paid this fund year, and will bring the total dividends distributed during the 2013 fund year to $3 Million. The SIF has returned nearly $72 MILLION to participants since 1994.
2012 FUND YEAR CLOSES ON A HIGH NOTE: The audited financials for the 2012 fund year (ending 3/31/2013) are complete. The HomeBuilders SIF has once again posted outstanding results. Net income before member distribution and provision for income taxes for the fund year was over $2 Million. Total written premiums for the Fund Year were $16.9 Million, with total revenues of $19.9 Million. Total Fund assets now exceed $66 Million.
2014 RATES STAY NEUTRAL OVERALL: Based on an actuarial rate analysis, the SIF Board voted to maintain a neutral position on rates. While rates for specific classes may change slightly, there will be no more than a 2.5% decrease or 2.5% increase in any rate. The net effect of those changes will be a 0% change on the overall book. Since 2008, the SIF has effectively reduced rates by nearly 30%.
YOUR HomeBuilders SIF Board is committed to fulfilling our mission statement of providing a financially stable and competitive workers’ compensation market; offering a superior product of value added services to our HBA members.
The HomeBuilders SIF is a group self-insured fund that has provided workers’ compensation coverage to members of the Louisiana Home Builders Association for over 30 years. If you are interested in a rate quote, please contact one of our STHBA Member Agents or SIF at 1-877-LHBASIF.
Join us for our annual State of the Housing Market Seminar. On Thursday, November 7th, 9am at the Greater Covington Center, you will be kept up-to-date about the housing industry on the local, state and national levels. Our line-up of expert speakers will explain what is happening in the industry and what to expect in the future.
Elliot Eisenberg, PhD, Nationally Renowed Housing Economist, GraphsandLaughs, LLC
Wade Ragas, PhD, MAI, Real Property Associates, Inc.
Don Shea, Department of Economic Development, St. Tammany Parish
David Doss, Office of David Vitter
Panel Discussion Moderated by
Kenny Elliott, Real Estate Agent, Re/Max Elite
- John Arms, Multi-Family Developer, Park Properties
- Ken Levy, Real Estate Agent, Latter & Blum
- Rick Murphy, Appraiser, Murphy Appraisal Services
- Saun Sullivan, Owner, DSLD Homes
- Townsend Underhill, Senior Vice President of Development, Stirling Properties
Class is approved for 4 hours of CE for Builders, Appraisers and Real Estate Agents.
A message from DAVID CHAMPAGNE, Chairman of the HomeBuilders SIF Board of Trustees and YOUR representative from the St. Tammany HBA. The HomeBuilders SIF’s Board of Trustees met recently for its Quarterly Trust Meeting. Our 2013 fund year is underway and we are seeing continued positive, steady growth for the Fund. On behalf of the Board, I am pleased to share these meeting highlights:
$2 MILLION DIVIDEND DISTRIBUTED IN JUNE: The SIF distributed a $2 Million dividend to qualifying members in June 2013. This is the second dividend paid this year, with $3 Million returned in March. The SIF has returned nearly $72 MILLION to participants since 1994.
VIP PROGRAM BRINGING IN NEW MEMBERS: The SIF Board voted to continue the VIP program through 3/31/2014. The VIP Program brings new members into the local by paying the first year’s local, state and national dues for qualifying new members. Since the program was started in 2011, over 900 new members have qualified for the VIP. This is great news for the SIF and our local associations. Read More→
Elliot Eisenberg, Ph.D., GraphsandLaughs, LLC
Looking around the United States there are cities like Boston, Los Angeles and Washington, DC that have very high house prices. Yet there are equally successful cities like Austin, Dallas, Louisville and Oklahoma City that have much more affordable home prices. Why the difference? Of course the surf is better in L.A. than in Dallas, but it has always been better, and 40 years ago L.A. was not an expensive city. The reason for this disparity is regulation.
Simply put, each piece of legislation that becomes law, and each regulation promulgated by the bureaucracy, regardless of how well-meaning, increases home prices. Sure, having a 30-foot setback looks nicer than a 20-foot setback, but it makes lots more expensive. And while requiring a brick façade may add gravitas to a house, it too raises its price, and the list goes on. Worse, as housing prices are artificially pushed up, distortions are introduced that have negative unintended economic consequences.
Imagine yourself new to town and looking to buy a house. Happily, you quickly find your dream house, but it costs $205,000 and all you can afford is $200,000. Turns out the house you love was built in 2009, the first year houses were required to have cement driveways and picket fences, which raised the price of those houses and all subsequent ones by, you guessed it, $5,000. The solution, look for a house built before 2009. But just like you, everyone else in your situation is doing the same thing. As that happens, the price of homes built prior to 2009 rises. After all, demand for them is suddenly up, way up. And presto, the house that used to sell for $200,000 now costs $203,000. Read More→