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Louisiana cuts workers comp rates 9% – Business Insurance

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Louisiana cuts workers comp rates 9% – Business Insurance


The Louisiana Department of Insurance announced a 9% reduction in workers compensation rates, effective in May.

The decrease, based on the National Council on Compensation Insurance’s annual loss cost filing for 2024, is in line with a decades-long trend, as Louisiana workers comp rates have seen a cumulative drop of 37% over the last five years, 49% over the last 10 years, and 66% over the past 20 years, the department said in a statement released Thursday.

The state’s workers’ comp insurance market last year was estimated at about $950 million in written premium, the statement said.

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LDWF Announces $5.2 Million for Conservation Projects through the Louisiana Outdoors Forever Program

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LDWF Announces .2 Million for Conservation Projects through the Louisiana Outdoors Forever Program


Today, the Louisiana Department of Wildlife and Fisheries (LDWF) announced that the Louisiana Outdoor Forever (LOF) Project Selection Board voted to fund 5 conservation projects in Louisiana based on the review, evaluation, and scoring received from LOF’s Technical Advisory Board.  The LOF program will allocate $921,350 and leverage $4.29 million for a total conservation investment of $5.21 million to these projects. The LOF program is administered by the LDWF and helps Louisiana become more competitive in securing grant opportunities.

 Projects selected for funding:

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Project Name Project Location Organization Funding Amount Requested Match Funds Total Project Amount
Bayou L’Ours Phase V Terraces Golden Meadow, Lafourche Parish, LA; 29°24’44.71″N, 90°8’52.90″W Ducks Unlimited / Partner with Lafourche Parish $213,500.00 $3,485,641.00 $3,699,141.00
Enhancing Wood Duck Habitat in Pearl River WMA through Duck Box Installation and Community Ed. Pearl River Wildlife Management Area (WMA) below Indian Village Road on West and Middle Pearl River Southern Quacker Wildlife Conservation (SQWC) / Partner with LDWF $8,000.00 $6,000.00 $14,000.00
Enhancing Mottled Duck Breeding Habitat in Southwest Louisiana Multiple parishes in Southwest Louisiana Ducks Unlimited / Partner with LDWF $100,000.00 $200,000.00 $300,000.00
Napoleonville Bayou Access and Emergency Boat Launch Project Bayou Lafourche – right descending bank; Assumption Parish Bayou Lafourche Fresh Water District $500,000.00 $500,000.00 $1,000,000.00
Beechwood-Bayou Sara Tunica Hills Protection Beechwood Tract and Sleepy Hollow Tract in West Feliciana Parish The Nature Conservancy / partner with LDWF $99,850.00 $99,850.00 $199,700.00
Total     $921,350.00 $4,291,491.00 $5,212,841.00


 

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The Louisiana Outdoors Forever (LOF) Program was created during the 2022 legislative session with House Bill 762 to provide funding for outdoor conservation projects across the state.

You can also sign up for meeting and Louisiana Outdoors Forever press releases by visiting here and selecting an interest of “Conservation.”

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Louisiana economic development on the rise?

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Louisiana economic development on the rise?


ALEXANDRIA, La. (KALB) – Economic development is on the rise in Cenla and across the Pelican State, and leaders hope to capitalize on it.

Adam Knapp was the keynote speaker at a meeting for the Rotary Club of Alexandria this week. He leads the organization “Leaders for a Better Louisiana” as its CEO.

Adam Knapp(KALB)

Knapp said the biggest concern they’ve seen is that some regions of the state do really well with development and some have had a tougher time of it.

What Knapp said he’s been impressed by is the state writing a brand new economic development strategy plan, which he said hasn’t been done in almost 20 years.

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“They did that where they kind of quilted together a plan from Louisiana Central, a plan from Southwest Louisiana, from Northeast, Northwest Louisiana, and they said, ‘We need a statewide plan that is a combination of all the things all our metro areas need in order to drive successful economic development visions forward,’” he explained.

Knapp said it’s up to citizens and community leaders to ask for a focus on jobs from state leaders.

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Louisiana State Police seek help identifying pedestrian killed while walking along I-55

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Louisiana State Police seek help identifying pedestrian killed while walking along I-55


Louisiana State Police said Monday they are looking for any information that could help identify a pedestrian who was killed late last month while walking along Interstate 55 on the northshore. 

The pedestrian, a Black man with dreadlocks thought to be between the ages of 18 and 25, was killed early on Oct. 27 when he was hit by two cars on I-55 in Hammond. The man had “T.B.T.” tattooed on his inner left arm and “Long Live LJ” on the inside of his right arm. He was about 5 feet 9 inches tall. 

Anyone with information that could help identify the man is urged to contact Louisiana State Police at (985) 893-6250.



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