The Louisiana Loggers Self-Insured Fund was created and authorized in 1994 as an innovative alternative market for worker’s compensation coverage. The primary objective is to offer reasonable premiums, loss control services and superior claims management for our members. The Fund eliminates the “middle man” (agents) by customers purchasing and dealing with the personnel directly.
Louisiana Loggers Association, Inc.
The Louisiana Loggers Self-Insured Fund is endorsed by Louisiana Loggers Association, Inc a bona fide trade organization of Louisiana. The Association was formed in 1976 as Louisiana Woodhaulers Association and later in 1993 changed the name to Louisiana Loggers Association. Participants of the Self-Insured Fund are required to be members of the association to obtain workers compensation coverage. This membership is mandated by Louisiana statute that governs self-insured funds.
Monies received by the fund pay the administrative and claim costs. With keeping a low overhead and a solid financial reserve, the members reap the benefits in the form of member distributions (not guaranteed). Since 1994 approximately 50% has been refunded.
Workers Compensation coverage for the logging industry:
Formed by loggers > Controlled by loggers >For the benefit of loggers
Lower workers comp rates:
With surplus money distributed back to insured in form of member surplus distributions
Sec / Treasurer