COMPANY OF THE YEAR: LOUISIANA WORKERS' COMPENSATION CORPORATION

1P3-1468316551

Publication: The Greater Baton Rouge Business Report

Date: 2008-04-08 00:00:00

COMPANY OF THE YEAR [OVER 100 EMPLOYEES]

LOUISIANA WORKERS' COMPENSATION CORPORATION

Total employees: 300+

Year opened: 1992

Annual payroll: $18.2 Million

Accomplishments: $45 million in dividends and 7.6% reduction in premium rates for 2007.

When Louisiana Workers' Compensation Corporation was formed in 1992 by the Louisiana Legislature to fill an ominous void left by a collapsing workers' compensation insurance market, many predicted failure.

That didn't happen. Not only did LWCC succeed in bringing stability back to the market a decade ago, ...

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