BATON ROUGE, La. (Jan. 23, 2008) -- New Orleans investment company owner David R. Voelker has been named to the Louisiana Workers' Compensation Corporation (LWCC) Board of Directors.

Voelker, who serves on the boards of several prominent Louisiana businesses and is recognized for his philanthropic involvement, was appointed to the LWCC board by Governor Kathleen Blanco in December. By charter, some of the board members of LWCC, a private company owned by its policyholders, are elected by the policyholders and some are appointed by the governor.

Voelker is an owner of Frantzen, Voelker and Conway Investments, LLC in New Orleans. He is Chairman of the Board and managing member of Summit Holding LLC, a Lafayette-based oil and gas exploration and development company, and managing member of Providence Realty Partners, a Dallas-based real estate development company focused in Texas and Louisiana.

In addition, Voelker serves on the boards of Stone Energy Corporation in Lafayette, a publicly traded oil and gas production and development company; Prescient Technologies LLC in New Orleans, a professional engineering and scientific company; Overmarine LLC in New Orleans, the leader of worldwide ocean transport for heavy lift and project cargoes; and other companies.

Among his many civic endeavors, Voelker has been a board member of the Louisiana Recovery Authority, the Greater New Orleans Foundation, Touro Infirmary, the UNO Foundation and others. He is past Chairman of the Board of Directors of the National World War II Museum and past Chairman of the Board of Trustees for WYES Television, also serving on the Board of Governors for both the Tulane University Health Science Center and Teach for America.

In 2004, Voelker was named Outstanding Philanthropist by the Greater New Orleans chapter of the Association of Fundraising Professionals.

LWCC (www.lwcc.com) is a private, nonprofit mutual insurance company.  It is the largest writer of workers' compensation insurance in Louisiana, covering about 22,000 policyholders in the state. The company carries an "A" (Excellent) rating from A.M. Best and, for the sixth year in a row, was named one of the top 50 property and casualty insurance companies in the nation by Ward Group, the leading authority on insurance industry benchmarking.