The Louisiana Restaurant Association's self-insurance fund has declared a dividend of $2.8 million for plan participants from certain years, the trade group announced this month.
Participants in plan years 2001, 2005, 2006, 2007, 2008, 2009, 2010 and 2012 are eligible for the dividend. To qualify, the participant must be in good standing with the LRA and the fund, and have a loss ratio of 70% of premium for the years declared.
The amount each participant will receive depends on their plan year.
"I'd say it's between a 6.5% payback from 2010 all the way...
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