April 12, 2010

LWCC’s “A” Rating Reaffirmed by A.M. Best

WRITTEN BY

BATON ROUGE, La. (April 12, 2010) - Louisiana Workers' Compensation Corporation's financial strength rating of "A" (Excellent) by A.M. Best Company has been reaffirmed for 2010. This is the ninth consecutive year that LWCC has received the "A" rating. LWCC's financial size category is Class X.

A.M. Best is the leading provider of ratings, news and financial data for the insurance industry worldwide. The "A" (Excellent) rating is assigned to companies that have excellent financial strength and operating performance, as well as favorable market position when compared to industry standards that A.M. Best has established. Best's ratings represent an objective quantitative and qualitative evaluation of an insurer's ability to meet ongoing obligations to its policyholders.

In its 2010 rating rationale for LWCC, A.M. Best stated: "The rating reflects Louisiana Workers' Compensation Corporation's (LWCC) superior capitalization, strong operating performance and dominant position in the Louisiana workers' compensation market. The rating also acknowledges the company's aggressive claims management, effective loss control services and the successful track record of the executive team in managing the company's operations."

LWCC (www.lwcc.com) is a private, nonprofit mutual insurance company. It is Louisiana's largest writer of workers' compensation insurance, covering about 18,000 policyholders in the state. For eight years in a row, LWCC has been named one of the 50 top-performing property and casualty insurance companies in the nation--most recently out of more than 3,100 such companies--by Ward Group, the leading authority on insurance industry benchmarking.

No items found.
Share this article

More news

NEWS
January 12, 2022

LWCC Donates $20,000 through Holiday Giving Contest

Donations made in collaboration with agent partners to Louisiana-based nonprofits working to elevate the state.

NEWS
December 13, 2021

LWCC Raises $43,000 for Kids' Chance Scholarship Program

In an exciting new format, LWCC hosts Billy Beane to launch Speaker Series to support Kids' Chance.

NEWS
December 13, 2021

2021 Holiday Giving Contest Voting Now Open

Voting is now open in LWCC's Holiday Giving Contest, an innovative new initiative to support nonprofits working to elevate Louisiana alongside our agent partners.

Frequently asked questions

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.

How do I register as a policyholder?

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview.

This is a sample question for FAQs, this is a sample question.

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview.

How do I register as a policyholder?

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview.

This is a sample question for FAQs but expanded.

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview.

How do I register as a policyholder?

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview.

This is a sample question for FAQs but expanded.

This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview. This is just sample text serving as a placeholder.This is a sample two line introductory paragraph that serves as an intro on the blog/article preview.