Why Safety Groups?

Clients have saved up to 51% on their Workers’ Compensation premiums since 1992!

Friedlander Group is the leader in workers’ compensation for Retailers, Wholesalers, Restaurants, Hotels, Oil Dealers, Home Health & Residential Care facilities in New York State. As the manager of seven Safety Groups underwritten by the New York State Insurance Fund, Friedlander Group has saved thousands of our clients over $500 million in workers’ compensation costs since 1992.

Our safety groups significantly reduce the cost of workers’ compensation for safety conscious members. Our fully insured safety groups work by pooling members’ annual premiums, and after deducting the costs of claims and administrative charges, the profits are returned to members in the form of a dividend.

Friedlander Group has paid an average 28% dividend since 1992.

The benefits are significant:

  • Savings through group advance discounts and dividends
  • Improved employee productivity, morale and profits
  • Claims Solution services that reduce claims and costs
  • Comprehensive administration and audit services
  • On-site safety engineering
  • A unique competitive advantage for you

Safety Groups provide a high quality, low cost, fully insured workers’ compensation insurance solution to businesses with a proven track record of safety in the workplace.

Qualifying Classification Codes

Retail Group of NY Group – Safety Group #544
2003 Bakeries
7998 Hardware Store
8001 Florist Store
8006 Food/Fruit/Deli/Grocery
8008 Clothing/Shoe/Dry Goods
8013 Jewelry Store
8016 Quick Printing
8017 Retail (Not Classified)
8025 Bicycle Stores
8031 Meat/Fish/Poultry Store
8033 Supermarkets
8039 Department Store
8043 Retail (including Food)
8044 Furniture Store
8046 Auto Accessories
8050 Book/Music Store
8069 Cellular Telephone Store
8072 Book/record/CD Audio
8105 Leather Store
9521 Furnishing Installation with Retail Store
Wholesale Group of NY – Safety Group #551
4310 Greeting Card Dealer
7390 Beer/Ale Dealer
7999 Hardware Store
8018 Wholesale Store/NOC
8021 Meat, Fish or Poultry Wholesale
8032 Dry Goods/Clothing/Shoe
8034* Grocery Stores
8047 Drug Store
8048* Fruit & Vegetables
8111 Plumbers Supplies Dealer – Wholesale
8751 Route Sales
8044 Furniture Wholesale

* Certain Restrictions Apply

United Restaurants of NY – Safety Group #556
9056 Restaurant Employees
9061 Clubs
9071 Full Service Restaurant
9072 Fast Food Restaurant (including drivers)
9074 Bars & Taverns
Oil and Gas Dealers Group of New York – Safety Group #582
5193 Oil Burner Installation
8350 Fuel and Oil Dealers
8353 Gas Dealer
8809 Executive Officers
8810 Clerical
The Social and Health Services Group of New York – Safety Group #585
8854 Home Health Care – Prof. Employees
8857 Counseling – Social Work – Traveling
9051 Home Health Care – Non Prof. Employees
The Residential Care Facilities Group of New York – Safety Group #586
8864 Developmental Organizations
8865 Residential Care Facility

Dividend History – $203 Million Paid

Year Retail
#544
Inception Date:
3/1/92
Wholesale
#551
Inception Date:
4/1/93
Restaurants
#556
Inception Date:
9/30/93
Hotels Motels
#578
Inception Date:
6/1/06
Oil Dealers
#582
Inception Date:
7/1/10
Social Services
#585
Inception Date:
8/1/11
Residential Care
#586
Inception Date: 2/1/12
1992–93 30%
1993–94 32.5% 30% 30%
1994–95 32.5% 32.5% 37.5%
1995–96 35% 35% 52.5%
1996–97 50% 42.5% 52.5%
1997–98 60% 50% 40%
1998–99 45% 45% 45%
1999–00 30% 35% 40%
2000–01 32.5% 32.5% 25%
2001–02 32.5% 25% 27.5%
2002–03 35% 30% 35%
2003–04 35% 32.5% 40%
2004–05 35% 35% 40%
2005–06 35% 35% 35%
2006–07 30% 30% 35% 25%
2007–08 35% 35% 40% 25%
2008–09 35% 30% 40% 25%
2009–10 35% 25% 35% 20%
2010–11 35% 25% 25% 15% 10%
2011–12 25% 20% 25% 10% 5% 5%
2012–13 25% 5% 20% 2.5% 0% 5% 5%
2013–14 25% 20% 25% 0% 10% 10% 2.5%
2014–15 35% 30% 35%* 10% 15% 15% 5%
2015–16 40%* 40%* 20%* 20%* 20%* 10%
35% 31% 35% 15% 10% 11% 6%
24 Year Avg. 23 Year Avg. 22 Year Avg. 10 Year Avg. 6 Year Avg. 5 Year Avg. 4 Year Avg.

*5% increased advance discount

Average 0f 94 Dividends: 28%
Underwritten by NYSIF, 199 Church Street, New York, NY 10007

We have used the Friedlander Workers’ Comp Safety Group to open doors to new accounts and to lower our current clients Workers’ Compensation costs. Friedlander delivers stability in an uncertain market and their underwriters are prompt in returning our calls and getting us the quotes.