Louisiana Department of Insurance

Source: Louisiana Department of Insurance

James Donelon, Commissioner of Insurance for the State of Louisiana announced yesterday that policyholders of Louisiana Workers Compensation Corporation (LWCC) throughout the state are receiving dividend checks totaling $136 million. These payments were approved by the LWCC board in August 2019.

LWCC is a non-profit mutual insurance company, which means it pays dividends to policyholders rather than to shareholders. For many policyholders, this is the second round of dividends received in 2019 - $51 million in payments were distributed in April 2019 as a result of the company’s activity for 2018.


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