The Liberty Northwest Board of Directors recently declared the ninth consecutive dividend earned for restaurants participating in the Oregon Restaurant Association (ORA) Safety Group Dividend Property & Liability Program.
The dividend is 3 percent of premiums earned and applies to ORA members who were policyholders from Oct. 1, 2007 to Oct. 1, 2008. Since the plan’s inception, the total dividend returns for the group property and liability program exceed $1.25 million.
For 25 years, Portland, Ore.-based Liberty Northwest has partnered with ORA to offer its group workers’ compensation program to members.. In 1999, Liberty Northwest began offering the Safety Group Dividend Property and Liability Program to ORA members.
“Oregon Restaurant Association members have benefited from a wide range of coverage options, competitive pricing, special credits and another dividend this year,” said ORA president and CEO Steve McCoid.
Liberty Northwest Insurance Corp. is Oregon’s largest private workers’ compensation insurer and is a property and casualty insurer with offices throughout the Northwest.
Source: Liberty Northwest
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