Login


Notice: Passwords are now case-sensitive

Remember Me
Register a new account
Forgot your password?

Restaurant Risk Pool Pays 25% Dividend

Tuesday, July 28, 2015 | 0

United Restaurants of New York Workers' Compensation Safety Group No. 556, a risk and premium pool, has paid a 25% dividend to 1,017 members who held policies between Sept. 30, 2013, and Sept. 30, 2014. Adding the dividend to discounts on assessments paid to the group's insurance underwriter, New York State Insurance Fund, the average member with $10,000 per year in premium actually paid only $4,875, according to a Friday statement. The 25% dividend, which is paid out to members when premiums exceed claim and administrative costs, is actually lower than the group's average. A...

Purchase this story for only $7.99!


For access to all of our articles, check out our subscription options.

Comments

Related Articles