Restaurant SIG Winding Down to Avoid Future Assessments

By Greg Jones, Western Bureau ChiefOne of the oldest self-insured groups in Nevada is winding down at the end of the year after deciding it is no longer financially practical to continue taking on risks.The decision by the Nevada Restaurant Self-Insured Group board of trustees will force more than 1,700 employers to find a new source for workers' compensation insurance, some who have been covered by the group since it was founded in 1995. However, the group manager said forcing members to find other coverage is better than the alternative of raising rates or hitting them with special asses...