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“Joseph and the…

Apr 19 - 19, 2015
This family musical classic from Tim Rice and Andrew Lloyd Webber chronicles… more

Adler’s Jewelry Tea…

Apr 19 - 19, 2015
In an afternoon of elegant indulgence, an exclusive trunk show of stunning,… more

Deanie's Seafood 6th…

Apr 19 - 19, 2015
Join us for Deanie's Seafood's sixth-annual Pinch A Palooza Festival &… more

Edgar Degas: The…

Apr 19 - May 24, 2015
Featuring drawings, prints, sculpture, and photographs, all from a single… more

EN MAS’: Carnival and…

Apr 19 - Jun 7, 2015
Curated by Claire Tancons, Krista Thompson, EN MAS': Carnival and Performance… more

ETCHYNPÜFE Group Show…

Apr 19 - May 31, 2015
The Foundation Gallery is excited to host ETCHYNPÜFE, a group show… more

FOUR VOICES at the…

Apr 19 - May 24, 2015
The Garden District Gallery is pleased to present FOUR VOICES featuring… more

Jim Roche: Cultural…

Apr 19 - Jul 12, 2015
Born in 1943, Jim Roche received a BA from Florida State University (1961)… more

Joe Krown Trio feat.…

Apr 19 - 26, 2015
Join us for the  Joe Krown Trio feat. Walter "Wolfman"… more

JPAS Presents The…

Apr 19 - 19, 2015
For decades, renowned advice columnist Ann Landers answered countless letters… more

La Nuit Presents…

Apr 19 - 19, 2015
Join us for a monthly stand-up comedy show at La Nuit Comedy Theater for … more

M.S. Rau Antiques…

Apr 19 - May 4, 2015
Long established and leading art, antiques and jewelry specialist M.S. Rau… more

Mark Steinmetz: South

Apr 19 - May 10, 2015
Mark Steinmetz lives and works in Athens, Georgia. His work transcends the… more

Tennessee Williams:…

Apr 19 - May 31, 2015
Tennessee Williams was one of the most admired playwrights of the 20th century.… more

The Irish House -…

Apr 19 - 19, 2015

The New Orleans…

Apr 19 - Nov 18, 2015
Marvel Universe LIVE! will captivate audiences with an authentic and original… more

Trinity Artist Series…

Apr 19 - 19, 2015
Join us for the Jefferson Chorale directed by Louise LaBruyere in a program… more

GALATOIRE’S…

Apr 20 - 20, 2015
Galatoire's Restaurant, the grand dame of New Orleans fine dining, will host… more

Maple Leaf Bar…

Apr 20 - 20, 2015
Join us at the Maple Leaf Bar for Monday Funkday. more

Preservation Jazz…

Apr 20 - 20, 2015
Live New Orleans Jazz Nightly! more

“Joseph and the…

Apr 19 - 19, 2015
This family musical classic from Tim Rice and Andrew Lloyd Webber chronicles… 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.