Louisiana Restaurant Association

The LRA is recognized as one of the strongest industry-specific associations in the country. This makes sense with the emphasis put on food in this part of the country. Twenty-seven years ago, the LRA formed a workers' compensation insurance program specifically for our members, the Self Insurer's Fund (LRA/SIF).

The LRA/SIF provides ONLY workers' compensation insurance; no other form of insurance is underwritten by this program. Because the LRA/SIF is a "mono-line" insurance provider, all of our emphasis and attention to detail can be given to our members' workers' comp needs. The LRA/SIF is also "homogeneous" versus "heterogeneous," which means we target industry-related businesses only. We are not interested in businesses unfamiliar to our experts. We know restaurants and hospitality-related businesses, and that's what we insure.

Our commitment to setting the industry standard for excellence continues into the 21st century. We're dedicated to providing our members with service that extends beyond the business of insurance.

The LRA/SIF is the fund that pays its members back. To date, this fund has paid our eligible members approximately $87 million of unused premium in the form of dividends and safety awards. This year alone, our eligible participants received approximately $5.2 million in dividends, representing unused premium from 1994, 1996, 1998, 1999, 2002, 2004, 2005 and 2006.

This year's eligible dividend recipients received an average of 30 percent of what they will pay in premium in 2008.

The Louisiana Restaurant Association provides vital benefits beyond workers' comp for succeeding in the current competitive market: Your membership strengthens our impact both in the state Legislature as well as the national arena in Washington, D.C. Our professional lobbyists fight for you and your rights to operate in a profitable manner with fewer restrictions.

Personnel Phone Numbers:

(800) 256-4572 Toll Free

(504) 454-2277 Local

Debbie Cuccia

LRA/SIF Director of Marketing

(504) 454-2277, ext. 510

dcuccia@lra.org

To view the LRA/SIF 2007 Annual Report, please click here.

Safety Dividend Criteria

In order to be eligible for the safety dividend and receive up to an additional 5% of your premium returned as a credit, you must meet all of the following three criteria*:

Loss Ratio must not exceed 50%. The loss ratio will be calculated after all final premium audits are completed.

Written company safety program. A copy of your written company safety program must be forwarded to the Loss Prevention Department by the end of the fund year.

Attendance at Annual Safety Seminar. A representative from the member must attend at least one Safety Seminar conducted by the Loss Prevention Department annually.

2009 Safety Seminar Schedule

*As with all dividends and awards, they are subject to declaration by the Board of Trustees of the LRA/SIF and approval from the Louisiana Department of Insurance.

Louisiana Restaurant Association

2700 N. Arnoult Road, Metairie, LA 70002

Phone (504) 454-2277

Fax (504) 454-2299

Site Map

Site design by Studio Mundi, Inc.