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Upcoming Events

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Irvin Mayfield's Jazz…

Sep 16 - 16, 2014
Join us at The Irvin Mayfield Jazz Playhouse at the Royal Sonesta Hotel for… more

Kinder Garden:…

Sep 16 - 30, 2014
Play, learn and grow in this hands-on introduction to the world of gardens for… more

Kinder Garden:…

Sep 16 - 30, 2014
Play, learn and grow in this hands-on introduction to the world of gardens for… more

Maple Leaf Bar…

Sep 16 - 30, 2014
Join us for live entertainment featuring the Grammy Award winning ReBirth Brass… more

Standing in the…

Sep 16 - Nov 25, 2014
"Standing in the Shadows (no more)" is a series of narrative quilting… more

Standing in the…

Sep 16 - Nov 25, 2014
"Standing in the Shadows (No More)" is a series of narrative quilting… more

The Victory Belles…

Sep 16 - Nov 19, 2014
Noted for their close harmonies and synchronized dance steps, the Andrews… more

The Victory Belles…

Sep 16, 2014 - Jun 24, 2015
Noted for their close harmonies and synchronized dance steps, the Andrews… more

Trinity Artist Series…

Sep 16 - Oct 7, 2014
Join us for "Organ & Labyrinth" and candlelight with Albinas… more

True Colors Exhibition

Sep 16 - 18, 2014
This exhibition aims to represent people of all sexualities, genders, races and… more

Funk Monkey featuring…

Sep 17 - 24, 2014
Join us for Funk Monkey featuring members of Bonerama. more

Grammy Award-winning…

Sep 17 - 24, 2014
Join us at The Irvin Mayfield Jazz Playhouse at the Royal Sonesta Hotel for… more

Irvin Mayfield's Jazz…

Sep 17 - 24, 2014
Join us at The Irvin Mayfield Jazz Playhouse at the Royal Sonesta Hotel for… more

Lakefront Arena…

Sep 17 - 17, 2014
Demi Lovato's World Tour makes a stop at the Lakefront Arena - this will be one… more

Mark of the Feminine

Sep 17 - Oct 4, 2014
Curator Regine Basha's Mark of the Feminine is the first in a series of… more

Pat O'Brien's Halfway…

Sep 17 - 17, 2014
The Leprechauns will make a mid-year appearance this year when Pat O'Brien's… more

The Victory Belles…

Sep 17 - 17, 2014
Noted for their close harmonies and synchronized dance steps, the Andrews… more

Tom Gibbs presents…

Sep 17 - 17, 2014
Historian Tom Gibbs will examine the Battle of Peleliu and the toll it took on… more

White Glove Wednesdays

Sep 17 - 17, 2014
It's one thing to read on an exhibit label that an infantryman's pack in World… more

American Theater…

Sep 18 - 21, 2014
American Theatre Project of New Orleans (ATPNO) returns to Dillard University's… more

Irvin Mayfield's Jazz…

Sep 16 - 16, 2014
Join us at The Irvin Mayfield Jazz Playhouse at the Royal Sonesta Hotel for… 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.