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15% Dividend Paid to Residential Care Facilities of New York Workers’ Compensation Safety Group #586, for Period of February 1, 2018 to February 1, 2019

September 12, 2019

PURCHASE, N.Y.--(BUSINESS WIRE)--Sep 12, 2019--

The Friedlander Group, Inc., the group manager for Residential Care Facilities of New York Workers’ Compensation Safety Group #586, underwritten by the NYS Insurance Fund, is pleased to announce that a 15% dividend is being paid to members with policies effective from February 1, 2018 to February 1, 2019, 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 September 12, 2019.

A member with a standard premium of $10,000 paid only $6,375 in premium, after discounts and dividends. That represents a 36% savings on members’ Workers’ Compensation premiums.

“Residential Care Facilities in our safety group maximized their productivity and profits by keeping their employees safe and working. Residential Care Facilities have benefited from safety and over 36% savings on their workers’ compensation.” Says Adam Friedlander, President and Group Manager.

Adam Friedlander’s second book Safety and Workers’ Compensation Strategies to Unleash Productivity and Profits 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 $240 million in dividends has been paid to members, in addition to advance discounts. The Friedlander Group’s Claims Solutions™, unique reports, self-imposed deductibles, quarterly Executive Action Reports™ and 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/20190912005736/en/

Adam Friedlander 914-694-6000 ext. 206 

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES SMALL BUSINESS LEGAL INSURANCE HUMAN RESOURCES

SOURCE: The Friedlander Group, Inc.

Copyright Business Wire 2019.

PUB: 09/12/2019 12:08 PM/DISC: 09/12/2019 12:08 PM

http://www.businesswire.com/news/home/20190912005736/en

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