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School board hears LWCC proposal to replace self‑insured workers’ comp with $1.4 million insured policy
Summary
Brown & Brown and LWCC outlined an option for Saint Martin Parish Schools to move from self‑funded workers’ compensation to a fully insured LWCC policy with an estimated $1.4 million annual premium and a dividend program; the board did not vote and asked staff for follow‑up.
The Saint Martin Parish School Board on Wednesday heard a presentation from Brown & Brown and representatives of Louisiana Workers’ Compensation Corporation (LWCC) about switching the district’s workers’ compensation program from a self‑insured model to a fully insured policy.
Ford Duplantis, introduced by a board member as a representative of Brown & Brown, described the financial framing and said the LWCC option would transfer risk to the carrier. He told the board that, under the fully insured option, the district would…
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