Board renews workers' compensation plan, district praised for low experience modifier
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Summary
Doug Rogers recommended renewing the district's workers' compensation policy with LWCC; the board approved the renewal and heard that the district's experience modifier is 0.64, outperforming the average school system.
Bossier Parish School Board members unanimously approved a one-year renewal of the district's workers' compensation coverage after a presentation by Doug Rogers of Risk Pros.
Rogers said the district moved coverage to LWCC last year and that the carrier offers a loyalty-dividend structure expected to increase over five years. He noted estimated district payrolls increased modestly, about 2.5%, and that LWCC absorbed much of that impact. "Our payrolls increased very modestly, 2.5%," Rogers said. He highlighted the districts experience modifier of 0.64 and described it as outperforming the average school system by roughly 36%.
The board moved and voted to renew the LWCC offer; Miss Brotherton made the motion and Mr. Bertrand seconded. The vote was unanimous.
Why it matters: A favorable experience modifier and a dividend structure can lower the district's long-term workers' compensation costs and reflect improved workplace safety and claims management.
What happens next: Staff will finalize the LWCC renewal and monitor dividend qualification and claims-handling details.