| Safety Credit Criteria
In order to be eligible for the safety credit and receive up to an additional 5% of your premium returned as a credit, you must meet all of the following three criteria*:
Loss Ratio must not exceed 50%. The loss ratio will be calculated after all final premium audits are completed.
Written company safety program. A copy of your written company safety program must be forwarded to the Loss Prevention Department by the end of the fund year.
Attendance at Annual Safety Seminar. A representative from the member must attend at least one Safety Seminar conducted by the Loss Prevention Department annually.
2008 Safety Seminar Schedule
*As with all dividends and credits, they are subject to declaration by the Board of Trustees of the LRA/SIF and approval from the Louisiana Department of Insurance. |