This excerpt taken from the WEN 10-K filed Apr 3, 2006.
Self Insured Workers Compensation Plan
Effective November 1, 2003, the Company established a self-insured workers compensation plan for its employees. This plan is administered by a third party, and has stop loss provisions insuring losses beyond $250 thousand per employee per occurrence, and $1.5 million per year in the aggregate, subject to adjustment as defined. As of December 31, 2005 and 2004, the Company recorded a reserve for unpaid claims in the amount of $0.6 million in accrued liabilities in the Companys consolidated statement of financial condition. This amount represents the Companys estimate of incurred but not reported claims from the inception of the plan at November 1, 2003 to December 31, 2005.