BATON ROUGE, La. (July 11, 2024) - LWCC is recognized as one of the most fiscally stable, best operated, and highest performing insurance companies in the nation, with inclusion on Ward’s 50, an annual list of top-performing U.S. insurers. The ranking compares nearly 3,000 property-casualty insurance companies domiciled in the United States, evaluating staffing, operations, finances, business practices and overall operations. Only the top 1% make the Ward’s 50 list, which LWCC has proudly achieved 19 times.
“The criteria to achieve inclusion in Ward’s 50 is stringent,” said Kristin W. Wall, President and CEO of LWCC. “Being recognized as one of the top 50 insurers in America again this year is a testament to our team’s dedication to our purpose of helping Louisiana thrive. We believe insurance is essential in enabling businesses to grow and communities to prosper, and are proud to work with our stakeholders to elevate safety and deliver compassionate care to injured workers.”
LWCC is the largest workers’ compensation carrier in Louisiana. Achieving superior performance and passing all safety and consistency screens over a five-year period, from 2019 through 2023, qualified LWCC to be considered. As part of the ranking process, Ward, a subsidiary of Aon, analyzed staff levels, compensation, business practices and expenses for all areas of operations among nearly 3,000 U.S. property-casualty insurance companies.
Each company must pass primary safety and consistency tests, including:
- Surplus and premiums of at least $50 million for each of the five years analyzed
- Net income in at least four of the last five years
- Compound annual growth in premiums between -10 percent and 40 percent
LWCC, a private mutual insurance company, has focused on the unique needs of Louisiana businesses since it was founded in 1991. In addition to workers’ compensation coverage, LWCC also provides additional benefits to policyholders such as dividends, safety consultants and resources, and specialized care for injured workers.
Click here for the full list of the 2024 Ward’s 50® honorees and to learn more about the Ward’s 50® certification methodology.
About LWCC
LWCC is a Champion of Louisiana and proud to beheadquartered in the state capital, Baton Rouge. As a model single-state,private mutual workers’ comp company, we are dedicated to excellence inexecution from underwriting to compassionate care of injured workers. We areproud to partner with our agents and together deliver outstanding service toour policyholders and their workers. Louisiana Loyal, a movement welaunched and continue to lead to celebrate and elevate Louisiana, drives us inpursuit of our purpose to help Louisiana thrive by bettering our state onebusiness and one worker at a time. LWCC has been consistently recognized byindustry leaders and named to the Ward’s 50® group of top-performing insurancecompanies, supporting our promise to provide safety, security, and stability tobusinesses in Louisiana. For more information on LWCC, its services, and itsefforts to elevate Louisiana, please visit www.lwcc.com.
Media Contacts
Kelly Bienn
LWCC Director of Marketing and Communications
225-930-0409 | kelly.bienn@lwcc.com
Catherine Koppel
202-779-2485 | ckoppel@tegpr.com
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