It is a fight to level the playing field to be able to compete for jobs and careers on the basis of skills and make available apprentice training to all. In 1973 Al Percy launched a class action lawsuit to give workers like him a chance to better their lot in life. It would also ensure the availability of skilled workers to build the infrastructure of the future.
Case 1:20-cv-06131-CLP Document 22-21 Filed 03/14/21 Page 62 of 64 PageID #: 2794 Oriska Insurance Company Oriska Insurance Company was chartered in 1990 and obtained licenses to write workers’ compensation insurance, health and disability coverage with deductible loss sensitive provisions, along with Fidelity and Surety Bonding. The Apprentice Program under Oriska Corporation along with the Oriska Insurance coverages, became the PercyProgram in 1993. Oriska Insurance Company is the only carrier in the country with the licenses and authority to offer the PercyProgram, Oriska Insurance Company was and is licensed for the following lines of business: Health and Disability, Workers' Compensation, Fidelity and Surety Bonding, and Credit Unemployment Insurance, along with additional miscellaneous licenses. Waterbury Fidelity Waterbury Fidelity is a North Carolina corporation formed on December 29, 2014. The Corporation is primarily a protected cell captive insurance company as defined by the North Carolina Captive Insurance authorized to act as a stock captive insurance company as permitted by the North Carolina Captive Insurance Act. Waterbury Square Holdings Waterbury Square Holdings is a Delaware corporation formed on November 14, 2014. The Corporation is primarily a captive manager of Waterbury Fidelity. 60 | P age
Case 1:20-cv-06131-CLP Document 22-21 Filed 03/14/21 Page 63 of 64 PageID #: 2795 SUMMARY Attached is a template policy to be utilized to implement the PercyProgram as the AlternativeEmploymentPractice. The PercyProgram has access to loss prevention and safety training in support workers compensation and surety bonding. The PercyProgram is value added to provide mentoring toward the end of developing employers who are able to perform work competently, without adding additional cost. The goal is to leverage the opportunities to achieve on time optimum results, while performing the highest quality work. The PercyProgram: • Reduces income inequality • Creates pipeline of skilled workers for industries in need • Ensures America’s infrastructure is modernized • Provides unskilled workers a living wage while they are trained • Transforms unskilled workers to journeyperson in high paid skilled occupations. • Creates secure careers that are transferable for previously unskilled workers New methods, products and technology also make the continuing education aspect of the PercyProgram critical. The benefits extend far beyond these, of course. This is the best employee loyalty program in the business. As any employer who has put their workers into the PercyProgram can attest, employees enjoy the boost in self-esteem and pay. These employees tend to stay where they are appreciated and become the pillars to a profitable enterprise. The PercyProgram has also provided back-office support in the way of payroll, tax and regulatory filing assistance, allowing employers to focus on their core business, let alone the potential savings on workers compensation, health and disability coverage. Percy’s main objective, however, remains simple: ensure there is always an adequate pool of skilled craftspeople able to meet demand and build America’s future infrastructure. The PercyProgram changes lives. The Percy Class is no longer THE APPRENTICE who never was! 61 | P age
