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Upcoming Events

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Eiffel Society…

Oct 1 - 1, 2014
Join us for Pay It Forward, a Happy Hour event at the Eiffel Society to benefit… more

John McGuckin - "The…

Oct 1 - 1, 2014
The USS Tang, under the command of then Commander Richard O'Kane, was one of… more

Maple Leaf Bar…

Oct 1 - 1, 2014
Join us for live entertainment featuring YOJIMBO. more

Mark of the Feminine

Oct 1 - 4, 2014
Curator Regine Basha's Mark of the Feminine is the first in a series of… more

New Orleans Fringe…

Oct 1 - 15, 2014
more

Sacred to the Memory…

Oct 1 - 3, 2014
Showcasing both the historic Hermann-Grima House museum and St. Louis Cemetery… more

The Historic New…

Oct 1 - 1, 2014
The Historic New Orleans Collection has acquired a rare promotional poster for… more

The Saenger Theater…

Oct 1 - 1, 2014
SO YOU THINK YOU CAN DANCE, the 11-time Primetime Emmy® Award-winning show… more

The Victory Belles…

Oct 1 - 1, 2014
Noted for their close harmonies and synchronized dance steps, the Andrews… more

The Victory Belles…

Oct 1 - Nov 19, 2014
Noted for their close harmonies and synchronized dance steps, the Andrews… more

The Victory Belles…

Oct 01, 2014 - Jun 24, 2015
Noted for their close harmonies and synchronized dance steps, the Andrews… more

White Glove Wednesdays

Oct 1 - 1, 2014
It's one thing to read on an exhibit label that an infantryman's pack in World… more

Cafe Istanbul

Oct 2 - 2, 2014
Come and enjoy live performances by Amanda Shaw, Charmaine Neville, and other… more

Jazz in the Park

Oct 2 - 30, 2014
Jazz in the Park returns for nine straight weeks this fall,  with a… more

Jazz in the Park…

Oct 2 - 2, 2014
Jazz in the Park returns for nine straight weeks this fall,  with a… more

LAFCAA 5th Annual…

Oct 2 - 2, 2014
 LAFCAA 5th Annual Charity Golf Tournament, sponsored by Louisiana's 1st… more

New Orleans Vintage…

Oct 2 - 2, 2014
The New Orleans Vintage Fashion & Lifestyle Expo is the pre-party to The… more

Second Annual New…

Oct 2 - 2, 2014
Calling all vintage lovers! The Second Annual New Orleans Vintage Fashion… more

The 6th Annual New…

Oct 2 - 6, 2014
  Dancers and vintage enthusiasts from all over the world are preparing… more

United Way of St.…

Oct 2 - 2, 2014
Join us for the United Way of St. Charles Battle for the Paddle. more

Eiffel Society…

Oct 1 - 1, 2014
Join us for Pay It Forward, a Happy Hour event at the Eiffel Society to benefit… 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.