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Upcoming Events

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9th Annual New…

Mar 23 - 24, 2017
Calling all small-business owners, startups, mom-and-pop shops, entrepreneurs… more

Cecilia Vicuña: About…

Mar 23 - Jun 18, 2017
Cecilia Vicuña: About to Happen traces the artist’s long career to… more

Clarence John…

Mar 23 - 25, 2017
A Louisiana native, Clarence John Laughlin (1905 - 1985) ranks among the most… more

David Hansen's Garden…

Mar 23, 2017
Since 2006, Hansen's Garden District Jazz Trio has performed every night at… more

Exhibition to feature…

Mar 23 - 25, 2017
 The Historic New Orleans Collection will open its next exhibition,… more

First Time Homebuyer…

Mar 23 - 23, 2017
Considering homeownership? Emerge from this program prepared to tackle the home… more

Heart of the House

Mar 23, 2017 - Jan 08, 2026
In The Voodoo Garden, All Ages. Heart of the House puts the spotlight on House… more

JazzCon.Tech

Mar 23 - 24, 2017
MUSIC. FOOD. CODE. Web Dev Conference JazzCon.Tech March 2017, New Orleans. … more

Lilith in Loa…

Mar 23, 2017
From Laurel Canyon to the West Village, Nashville to New Orleans, the LOA Bar… more

Napoleon House's…

Mar 23 - 23, 2017
On the heels of the highly successful dinner in January with Slade Rushing of… more

New Orleans Museum of…

Mar 23 - May 21, 2017
NOMA is organizing A Life of Seduction: Venice in the 1700s in cooperation… more

New Orleans Museum of…

Mar 23 - Oct 1, 2017
In celebration of beloved chef, civil rights activist, and art collector Leah… more

Randy & Mr. Lahey of…

Mar 23 - 23, 2017
The Randy and Lahey show is a silly, sexist, drunken hour and a half of songs… more

Riverwalk New Orleans…

Mar 23 - 23, 2017
Top Taco is an upscale and entertaining festival where patrons can sample… more

Senga Nengudi:…

Mar 23 - Jun 18, 2017
In 1975, artist Senga Nengudi began a series of sculptures, entitled R.S.V.P.,… more

SoFAB’s New Spring…

Mar 23 - Jun 1, 2017
The Southern Food and Beverage Museum (SoFAB) has just introduced its spring… more

Tennessee…

Mar 23 - 26, 2017
A stellar group of literary, theater and musical talent will gather for the… more

The WOW Factor:…

Mar 23 - 23, 2017
The Tulane Family Business Center is hosting a forum presentation during New… more

Thursdays at Twilight…

Mar 23 - 23, 2017
This very popular series with an array of musicians and Mint Juleps will… more

Top Taco Festival…

Mar 23 - 23, 2017
This spring, Crescent City locals and visitors will be able to indulge in an… more

9th Annual New…

Mar 23 - 24, 2017
Calling all small-business owners, startups, mom-and-pop shops, entrepreneurs… 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.