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Upcoming Events

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COOLinary New…

Aug 28 - 31, 2014
It is going to be a delicious summer!  Throughout the whole month of… more

Harrah’s New Orleans…

Aug 28 - 28, 2014
Harrah's New Orleans proudly celebrates the local sounds of the city by… more

Johnny Vidacovich,…

Aug 28 - 28, 2014
Join us for live entertainment featuring Johnny Vidacovich, George Porter Jr.… more

Johnny Vidacovich,…

Aug 28 - 28, 2014
Join us for live music featuring Johnny Vidacovich, George Porter Jr., and… more

Le Petit Theatre…

Aug 28 - 29, 2014
Le Petit Theatre's new season gets off to a whirlwind start with "Nine… more

Life Drawing at…

Aug 28 - 28, 2014
Practice your life drawing skills with a live model on the historic estate of… more

Mark of the Feminine

Aug 28 - Oct 4, 2014
Curator Regine Basha's Mark of the Feminine is the first in a series of… more

New Orleans Saints…

Aug 28 - 28, 2014
The New Orleans Saints & Baltimore Ravens  kick-off at 7:00 pm more

Open Mic Night at…

Aug 28 - 28, 2014
This summer, Thursday nights at Hard Rock New Orleans are open to local… more

Southern Decadence…

Aug 28 - Sep 1, 2014
Southern Decadence started forty one years ago as a simple going-away… more

Tropical Isle…

Aug 28 - 28, 2014
Join us at the Tropical Isle for a performance featuring Debi and the Deacons. more

Tropical Isle…

Aug 28 - 28, 2014
Join us at the Tropical Isle for a performance featuring Miss Maggie. more

True Colors Exhibition

Aug 28 - 29, 2014
This exhibition aims to represent people of all sexualities, genders, races and… more

Workplace Wellness…

Aug 28 - 28, 2014
Dr. Mitchell A. Pierce, Jr., with his more than 23 years of experience in… more

Amanda Shires

Aug 29 - 29, 2014
Join us for singer/violinist Amanda Shires. more

Closing Reception: …

Aug 29 - 29, 2014
You are invited to join us for the closing reception for the True Colors… more

Closing Reception:…

Aug 29 - 29, 2014
You are invited to join us for the closing reception for the True Colors… more

Hotel New Orleans…

Aug 29 - 29, 2014
Join us for the Strut + Swim poolside fashion show with Fashion Week New… more

Maple Leaf Bar…

Aug 29 - 29, 2014
Join us for live entertainment featuring Chris Mule and the Perpetrators. more

Maple Leaf Bar…

Aug 29 - 29, 2014
Join us for live entertainment featuring Jon Cleary and the Monster Gentlemen. more

COOLinary New…

Aug 28 - 31, 2014
It is going to be a delicious summer!  Throughout the whole month of… 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.