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United Restaurants Group Pays 40% Dividend to Members

By Jim Sams (Senior Editor)

Thursday, June 11, 2009 | 0

The Friedlander Group, which manages the United Restaurants of New York Workers' Compensation Safety Group, announced Wednesday that it paid a 40% dividend to approximately 966 members with policies effective from Sept. 30, 2007 to Sept. 30, 2008. The 40% dividend is in addition to the advance discount of 20%. The 15-year average dividend is 38.3%, the Friedlander Group said in a press release. A member with a standard premium of $10,000 paid only $4,800 in premium, after discounts and dividends. The group is underwritten by New York State Insurance Fund."United Restaurants Workers’ ...

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