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$62,000,000 Returned to Michigan Restaurant & Lodging Fund Policyholders

Posted on: Wednesday, November 2nd, 2016

The Michigan Restaurant & Lodging Fund finishes the year with the largest return in its history as solid performance continues. The participants of this highly successful self-insured workers’ compensation program will be receiving another substantial return of profit. On its 25th renewal, the Fund was approved to distribute $6,210,000 of profit back to its members, which brings the total profits returned to over $62,000,000 since the Fund’s inception. In addition, the Fund has decreased manual rates for all class codes, a true indicator of the excellent performance of its members.

Michigan Businesses with a majority of their payroll in the following classes can be eligible:

  • Delis, sandwich shops
  • Coffee shops
  • Family-style
  • Fast food
  • Casual dining
  • Fine dining
  • Banquet facilities
  • Hotels, motels, inns (franchised & non-franchised)
  • Bars

For more information or a quote, please call us at (248) 853-0930

 

MRL Fund

Paul W. Kosmal

Senior Account Executive at Allied Insurance Managers, Inc.
Paul received a BBA from Western Michigan University, majoring in their renowned Sales and Business Marketing Program. Paul has also attained three prestigious Insurance Designations, Certified Insurance Counselor (CIC), Licensed Insurance Counselor (LIC) and Certified Professional Insurance Agent (CPIA)
Allied Insurance Managers, INC.