October 8, 2025

LWCC Executive Coauthors Issue Brief for the American Academy of Actuaries

WRITTEN BY

BATON ROUGE, La., (October 8, 2025) – LWCC Chief Actuary Angela McGhee contributed to a new issue brief from the American Academy of Actuaries published today.  

The brief, titled “Influential Features in the Workers’ Compensation System – What You May Not Know,” examines how state-specific mechanisms affect the pricing and availability of workers’ compensation coverage.

McGhee and other volunteers with the American Academy of Actuaries’ Workers Compensation Committee elevated three key points:

  • Workers’ compensation has unique characteristics that influence the pricing and availability that vary by state.  
  • Rating Bureaus play a crucial role in ensuring a fair and stable marketplace.  
  • Residual Markets and State Funds offer solutions to availability and affordability challenges.

“At LWCC, learning is a core value that drives our company culture,” said McGhee. “Contributing to this issue brief was an opportunity to share knowledge, collaborate with peers, and help advance a deeper understanding of the complexities in our field. Ultimately, that helps strengthen the workers’ comp system for everyone it serves.”

The full brief can be downloaded and read here.  

Media Contacts:

Kelly Bienn Kelly.Bienn@lwcc.com 225-930-0409 

About LWCC
LWCC is a Champion of Louisiana and proud to be headquartered in the state capital, Baton Rouge. As a model single-state, private mutual workers’ comp company, we are dedicated to excellence in execution from underwriting to compassionate care of injured workers. We are proud to partner with our agents and together deliver outstanding service to our policyholders and their workers.  Louisiana Loyal, a movement we launched and continue to lead to celebrate and elevate Louisiana, drives us in pursuit of our mission to help Louisiana thrive by bettering our state one business and one worker at a time. LWCC has been consistently recognized by industry leaders and named to the Ward’s 50® group of top-performing insurance companies, supporting our promise to provide safety, security, and stability to businesses in Louisiana. For more information on LWCC, its services, and its efforts to elevate Louisiana, please visit www.lwcc.com.

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