Default

Upcoming Events

|

2015 AVP New Orleans…

May 22 - 24, 2015
The AVP Pro Beach Volleyball Tour will make its return to New Orleans this… more

48th Annual Gonzales…

May 22 - 22, 2015
The festival features World Champion Jambalaya served daily, live music and… more

Edgar Degas: The…

May 22 - 24, 2015
Featuring drawings, prints, sculpture, and photographs, all from a single… more

EN MAS’: Carnival and…

May 22 - Jun 7, 2015
Curated by Claire Tancons, Krista Thompson, EN MAS': Carnival and Performance… more

ETCHYNPÜFE Group Show…

May 22 - 31, 2015
The Foundation Gallery is excited to host ETCHYNPÜFE, a group show… more

FOUR VOICES at the…

May 22 - 24, 2015
The Garden District Gallery is pleased to present FOUR VOICES featuring… more

Greek Festival

May 22 - 24, 2015
Every year descendents of one of the Western world's oldest cultures celebrate… more

Jim Roche: Cultural…

May 22 - Jul 12, 2015
Born in 1943, Jim Roche received a BA from Florida State University (1961)… more

Le Petit Theatre…

May 22 - 23, 2015
This classic Stephen Sondheim and George Furth musical traces the lives of… more

NORDC Movies in the…

May 22 - 22, 2015
Join us for NORDC Movies in the Park screening of "The Boxtrolls" at… more

Purchased Lives: New…

May 22 - Jul 18, 2015
The Historic New Orleans Collection's newest exhibition, "Purchased… more

Tennessee Williams:…

May 22 - 31, 2015
Tennessee Williams was one of the most admired playwrights of the 20th century.… more

The Irish House…

May 22 - 22, 2015
Join us at the Irish House for Ruby Ross. more

The New Orleans Wine…

May 22 - 23, 2015
The New Orleans Wine & Food Experience is one of the premiere events in… more

48th Annual Gonzales…

May 23 - 23, 2015
The festival features World Champion Jambalaya served daily, live music and… more

Freret Street Publiq…

May 23 - 23, 2015
Join us for live music with Big Deal Burlesque.   more

Neighborhood Pet…

May 23 - 23, 2015
 Neighborhood Pet Adoption & Bake Sale, sponsored by the Louisiana… more

Saturday Farmers…

May 23 - Dec 26, 2015
We are excited to announce the Saturday Farmers Market at the French Market!… more

The Irish House…

May 23 - 23, 2015
Join us at the Irish House for Patrick Cooper. more

48th Annual Gonzales…

May 24 - 24, 2015
The festival features World Champion Jambalaya served daily, live music and… more

2015 AVP New Orleans…

May 22 - 24, 2015
The AVP Pro Beach Volleyball Tour will make its return to New Orleans this… more

LRA SIF Members to Receive More Than $2 Million in Dividends Next Year

FOR IMMEDIATE RELEASE

LRA SIF MEMBERS TO RECEIVE MORE THAN $2 MILLION IN DIVIDENDS NEXT YEAR

Amount brings total returned since 1988 to more than $100M

Metairie, LA- The Board of Trustees for the Louisiana Restaurant Association's Self Insurer's Fund (LRA SIF) for Workers' Compensation has approved declaring a dividend to eligible plan participants in the amount of $2.02 million.

The LRA SIF, since 1988, will have cumulatively returned approximately $101.7 million in surplus and safety dividends to eligible members.

For the 26th consecutive year, the Fund has declared a surplus in unused premium and interest income that will be returned to members. This surplus will include eligible participants from the fund years 2008, 2009 and 2010 and be paid in April 2014.

"The LRA SIF was pleased to lower its rates once again this fall, for the third time in four years," said LRA SIF President & CEO Stan Harris. "Our members have shown a commitment to workplace safety practices and as a result, we see lower accident rates. Our Fund is focused on best-in-class member services, combined with our complimentary loss prevention and safety training."

For 32 years, the LRA SIF has served as one of the most respected providers of workers' compensation insurance in Louisiana. The Fund's management continues to focus on efficiency and timely claims handling to keep its member costs very competitive. 

To be eligible for a dividend, the member must be in good standing with the LRA and the LRA SIF and have a loss ratio that is equal to or less than 70 percent for the years declared as of March 3, 2014.

In October 2013, the LRA SIF announced a rate reduction on premiums for its Fund, which specializes in the hospitality industry.

"Our members' positive outcomes allow us to lower their rates," said Harris.

To learn more about how the LRA SIF can help you reduce your workers' compensation costs and to get a quote, call Babs Schultz at (504) 454-2277 today.