Liberty Northwest, a Liberty Mutual Agency Markets regional company, announced strong return results for its Liberty Northwest/Oregon Restaurant Association (LNW/ORA) workers’ compensation insurance program.
The Portland-based company said member restaurants will share a retrospective rating adjustment for the policy year ending December 31, 2008 of more than $3 million, a figure that accounts for premium adjustments, tax savings, and non-disabling medical reimbursements. The average member account savings is more than 21 percent.
Participants in the group program have received a retrospective rating return every year since 1986, said Steve McCoid, ORA President and Chief Executive Officer.
Topics Talent Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls 
Tropical Storm Watches Posted Across Florida’s Panhandle Region 
California Rivals Have Starkly Different Plans to Remake Home Insurance 
Florida Regulators Mulling New Rules on Market Conduct Exams, Reporting 
