LRA Workers’ Comp Announces Rate Reductions for 2023

​Metairie, La.--The Louisiana Restaurant Association Self Insurer’s Fund for Workers’ Compensation announces rate reductions effective March 1, 2023.
 
The LRA SIF offers workers’ compensation coverage specializing in the hospitality industry and the rate reduction applies primarily to businesses in this sector focused on restaurants. Management believes this rate reduction should be attractive to our restaurant members in these challenging economic times.
 
“In this highly competitive marketplace, the LRA SIF Board of Trustees is pleased to approve and implement this rate reduction which will assist members of the Fund with managing their overall cost of operations,” said Stan Harris, President and CEO, LRA SIF.
 
If you have restaurant clients who may benefit from this rate reduction, please contact the LRA Workers’ Comp program at underwriting@lra.org.