AP NEWS

25% Dividend Paid to the Hotel Workers’ Compensation Safety Group #578 Managed by Friedlander Group, Inc.

February 8, 2019

PURCHASE, N.Y.--(BUSINESS WIRE)--Feb 8, 2019--The Friedlander Group, Inc., the group manager for the Hotel & Motel Group of New York Workers’ Compensation Safety Group #578, underwritten by the NYS Insurance Fund, is pleased to announce that a 25% dividend is being paid to members with policies effective from June 1, 2017 to June 1, 2018 plus a 25% advance discount on renewal (normally 20%). The dividend is in addition to the 25% group discount already received. Checks will be mailed February 8, 2019.

A member with a standard premium of $10,000 paid only $5,625 in premium, after discounts and dividends. That represents a 44% savings on members’ Workers’ Compensation premiums.

“For more than a decade, hotels and motels in our safety group maximized their productivity and profits by keeping their employees safe and working. Hotels and motels have benefited from safety and over 44% savings on their workers’ compensation,” says Adam Friedlander, President and Group Manager.

Adam Friedlander’s second book shares actionable and proven strategies, from a variety of thought leaders, that enable employers to operate at optimal levels.

In 1992, the Friedlander Group formed the first of seven workers’ compensation safety groups for retailers, restaurants, wholesalers, hotels, oil dealers, and home health care and residential facilities. A total of $230 million in dividends has been paid to members, in addition to advance discounts. The Friedlander Group’s Claims Solution™ process and unique reports, self-imposed deductibles, quarterly Executive Action Reports™ & Safety Services reduce premiums. Visit www.friedlandergroup.com.

For more information contact Mr. Cosmo Preiato, Executive VP., 800-394-7004, ext. 203 or email cosmop@friedlandergroup.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190208005322/en/

Adam Friedlander 914-694-6000 ext. 206

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: BUILDING SYSTEMS TRAVEL CRUISE DESTINATIONS VACATION LODGING RESTAURANT/BAR PROFESSIONAL SERVICES FINANCE HUMAN RESOURCES INSURANCE RETAIL FOOD/BEVERAGE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: Friedlander Group, Inc.

Copyright Business Wire 2019.

PUB: 02/08/2019 10:43 AM/DISC: 02/08/2019 10:43 AM

http://www.businesswire.com/news/home/20190208005322/en

AP RADIO
Update hourly