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Upcoming Events

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12th Annual Saints…

Mar 28 - 29, 2015
The festival features panel discussions and master classes on literary topics… more

Andrew Jackson: Hero…

Mar 28 - 29, 2015
THNOC's exhibition tracks Jackson's rise from humble beginnings to immortality… more

Artist Spotlight…

Mar 28 - 31, 2015
New Orleans-based woodturning artist Tom Dunne will be the featured artist in… more

Ashe Cultural Arts…

Mar 28 - 28, 2015
We invite you to experience Ashé Cultural Arts Center's fourth annual… more

Edgar Degas: The…

Mar 28 - May 24, 2015
Featuring drawings, prints, sculpture, and photographs, all from a single… more

EN MAS’: Carnival and…

Mar 28 - Jun 7, 2015
Curated by Claire Tancons, Krista Thompson, EN MAS': Carnival and Performance… more

Exploring SAORI:…

Mar 28 - 28, 2015
This 2-hour weaving taster with artists Nancy Rhett and Jenny Pelc will provide… more

Hogs for the Cause

Mar 28 - 28, 2015
Eighty teams of BBQ competitors, comprised of a mix of some of the region's… more

Indy Race Day at…

Mar 28 - 28, 2015
Join us for the Indy Race Day at Champions Square, featuring vintage sports… more

Jim Roche: Cultural…

Mar 28 - Jul 12, 2015
Born in 1943, Jim Roche received a BA from Florida State University (1961)… more

Kikuo Saito at…

Mar 28 - Apr 4, 2015
Octavia Art Gallery is pleased to present a selection of works from New York… more

Kinder Garden - Play,…

Mar 28 - 28, 2015
Kinder Garden for kids ages 18 months to 5 years has moved to the last Saturday… more

Le Petit Theatre…

Mar 28 - 29, 2015
Donald Margulies' Pulitzer Prize-winning play tells the story of a couple… more

Louisiana Crawfish…

Mar 28 - 29, 2015
Enjoy authentic Cajun cuisine such as Crawfish pie, Fried Crawfish Tall… more

M.S. Rau Antiques…

Mar 28 - May 4, 2015
Long established and leading art, antiques and jewelry specialist M.S. Rau… more

Maple Leaf Bar…

Mar 28 - 28, 2015
Join us for live entertainment featuring Johnny Sketch & the Dirty Notes. … more

Mark Steinmetz: South

Mar 28 - May 10, 2015
Mark Steinmetz lives and works in Athens, Georgia. His work transcends the… more

N'Kafu Traditional…

Mar 28 - 28, 2015
N'Kafu Traditional African Dance Company presents its annual concert, M'Batle… more

NOLA Food Fest

Mar 28 - 29, 2015
Sample over 50 America's hometown eats from around the country. Four blocks in… more

NOMA Egg Hunt and…

Mar 28 - 28, 2015
Mark your calendars for the NOMA Egg Hunt in the Sydney and Walda Besthoff… more

12th Annual Saints…

Mar 28 - 29, 2015
The festival features panel discussions and master classes on literary topics… 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.