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Upcoming Events

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"Mysterious…

Nov 22 - 22, 2014
You are invited to the Mysterious Wisterias Plantation for an evening of music… more

"Prospect.3: Notes…

Nov 22, 2014 - Jan 25, 2015
Prospect New Orleans, the International Contemporary Art Biennial,  will… more

• Screening of “These…

Nov 22 - 22, 2014
THNOC's free seven-part film series presented in conjunction with the… more

Andrew Jackson: Hero…

Nov 22, 2014 - Mar 29, 2015
THNOC's exhibition tracks Jackson's rise from humble beginnings to immortality… more

Boesman and Lena

Nov 22 - 23, 2014
American Theatre Project of New Orleans returns to Ashé Cultural Arts… more

Celebration in the…

Nov 22 - 22, 2014
Please join us for our inaugural holiday event created just for young adults -… more

Digital Youth…

Nov 22 - 22, 2014
Throughout the month of November, participating P.3 venue, The Ogden Museum of… more

Family Workshop: Navy…

Nov 22 - 22, 2014
Whether in the Atlantic or the Pacific, it was the US Navy's job to control the… more

Finckel and Mozart

Nov 22 - 22, 2014
Guest conductor Markand Thakar leads the LPO and internationally-acclaimed… more

Free Family Day:…

Nov 22 - 22, 2014
This family celebration, inspired by the work of Jean-Michel Basquiat, will… more

Garfunkel & Oates

Nov 22 - 22, 2014
This California based folk duo incorporates comedy into a traditional folk… more

Growing Gardeners:…

Nov 22 - 22, 2014
Introduce your little green thumbs to the world of gardening! The Botanical… more

Le Petit Theatre…

Nov 22 - 23, 2014
This swashbuckling prequel to Peter Pan will have you and your family hooked… more

Mistletoe Marketplace…

Nov 22 - 23, 2014
Kickoff Mistletoe Marketplace in the French Quarter at 4 p.m. on Thursday,… more

Relient K-MMHMM 10th…

Nov 22 - 22, 2014
Relient K is an alternative rock band that was formed in 1998 in Canton Ohio.… more

Rivertown Theaters…

Nov 22 - 22, 2014
Rivertown Theaters for the Performing Arts is proud to present the Tony… more

Smoothie King Center…

Nov 22 - 23, 2014
Deep within a forest, at the summit of a volcano, exists an extraordinary world… more

THE GUANTÁNAMO PUBLIC…

Nov 22 - 26, 2014
This traveling exhibit examines the history of the U.S. naval base in… more

The Historic New…

Nov 22 - 22, 2014
Join us for a free screening of  "These Amazing Shadows" (2011),… more

The Mysterious…

Nov 22 - 23, 2014
You are invited to the Mysterious Wisterias Plantation for an evening of music… more

"Mysterious…

Nov 22 - 22, 2014
You are invited to the Mysterious Wisterias Plantation for an evening of music… 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.