Louisiana Workers' Compensation Corporation Insurance Company Review

We've looked at over 1,000 insurance companies, rating them on strength, accessibility, and service to find the best ones. Here's what people think about Louisiana Workers' Compensation Corporation.
Christine Lacagnina Written by Christine Lacagnina
Christine Lacagnina
Written by Christine Lacagnina

Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.

Updated

Louisiana Workers' Compensation Corporation (LWCC) Insurance Company at a Glance

  • Founded in 1992
  • Offers workers' comp only
  • Coverage only available in Louisiana
  • Rated "A" (excellent) by AM Best
  • Rated "A+" (excellent) by the Better Business Bureau (BBB)

LWCC pros: Fairly longstanding carrier with nearly three decades worth of experience in the insurance industry. Highly rated by AM Best and the BBB. Multi-award winner from Ward Group.

LWCC cons: Not accredited by the BBB. Not much coverage information available. No discount or claims processing information available. Coverage only offered in one state. Only one form of coverage offered. Limited social media presence. Difficult to find customer feedback.

To find insurance in your state, use our national insurance company directory to find the best company to meet your needs. You can locate insurance companies that specialize in your specific coverage needs and get connected to an agent near you.

What Type of Insurance Does LWCC Offer?

Here's an overview of the products offered by LWCC.

  • Workers' compensation

An independent insurance agent can help you find more information about the coverages offered by LWCC, and help you decide if this insurance company is right for you.

What to Know about Louisiana Workers' Compensation Corporation

Louisiana Workers' Compensation Corporation was founded in 1992, giving the carrier nearly three decades worth of experience in the insurance industry. Headquartered in Baton Rouge, Louisiana, LWCC focuses its efforts on providing quality workers' comp coverage for businesses and workers in the state. LWCC is a private, mutual insurance company.

The carrier reports having paid more than $848 million in dividends to its loyal policyholders over time. LWCC was awarded the title of a "top-performing property-casualty insurance company" by Ward Group in 2019, making the Ward's 50 list. This achievement for LWCC was its thirteenth time being recognized by Ward Group for outstanding financial results.

Thanks to their impressive awards and recognition, LWCC has earned itself a reputation as a financially stable carrier with a sound future outlook. AM Best gives the insurance company an overall “A” rating, indicating they are an excellent choice for insurance customers.

Established in 1899, AM Best is one of the oldest rating companies in the world. Reviews from AM Best indicate an insurance company’s financial strength and creditworthiness and are based on comprehensive evaluations of the company’s operating performance, business profile, and annual report. 

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What Discounts Does LWCC Offer?

LWCC does not make information about its specific discounts readily available. However, an independent insurance agent can help find these details for you. Independent insurance agents work hard to find you the most affordable coverage that still gets the job done right.

LWCC Customer Service

Here's an overview of LWCC's customer service options and availability. 

  • Phone contact option
  • Fax contact option
  • Email contact option
  • Snail mail contact option
  • Customer service phone department hours not specified

To ensure a great customer service experience, work together with an independent insurance agent. Independent insurance agents can help handle claims and other matters for you, so you can relax and enjoy your coverage.

Louisiana Workers' Compensation Corporation FAQ

What is LWCC's average claim response time frame?

LWCC does not provide a specific claims response time frame.

What is LWCC's customer service availability?

LWCC does not specify its phone department's contact hours. The carrier does allow customers to contact it via phone, fax, email, or snail mail.

What is LWCC's claims process?

LWCC does not provide much information about their claims process beyond how to file. However, an independent insurance agent can simplify claims for you, and keep you updated through every step of the process.

Does LWCC create a user-friendly experience for customers?

LWCC falls a bit short in the user-friendliness department. There's not much information provided about their coverage or claims processing on their official website, and their phone contact hours are not specified. They also have less of a social media presence than many modern carriers'.

Does LWCC have good workers' comp coverage?

LWCC does not provide much detail about its coverage, unless you contact the carrier through an agent. LWCC currently only offers its workers comp insurance in the state of Louisiana. 

Is LWCC a good insurance company?

LWCC is highly rated by AM Best and the BBB and has demonstrated impressive financial strength. However, the carrier is not accredited by the BBB. It's also difficult to find any customer feedback, which makes it difficult to rule them a good company overall.

TrustedChoice.com's Final Review

We award Louisiana Workers' Compensation Corporation a final rating of 1.5 out of 5 stars. Though the carrier is highly rated by AM Best and the BBB, they are not accredited by the latter organization. Coverage is also only currently offered in one state, making their reach highly limited.

It's difficult to find much information about LWCC's coverage or claims processing. Further, it's also difficult to find any customer feedback about the insurance company. Financial strength alone unfortunately just isn't enough to convince us that LWCC is a safe carrier to entrust with your coverage.

Overall, we recommend working together with an independent insurance agent to survey all your options for quality workers' comp insurance. It may be in your best interests to skip looking into Louisiana Workers' Compensation Corporation based on the limited information available.

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lwcc.com

https://ratings.ambest.com/CompanyProfile.aspx?BL=0&ambnum=11339&AltNum=26111339&AltSrc=3

https://www.bbb.org/us/la/baton-rouge/profile/workers-compensation-insurance/louisiana-workers-compensation-corporation-0835-90007201/customer-reviews

https://www.linkedin.com/company/lwcc/about/