A.M. Best Affirms LUBA Workers’ Comp’s “A-Excellent” Rating for Twelve Consecutive Years

Baton Rouge, La. (July 8, 2015) – A.M. Best has again affirmed the rating of “A- Excellent” for the financial strength of LUBA Workers’ Comp. The company has been designated “A- Excellent” with a stable outlook year after year since 2003.

Founded in 1889, A.M. Best is the world’s oldest and most authoritative insurance rating and information service. One of its highest ratings available, “A- Excellent” reflects LUBA’s solid business profile in the workers’ compensation insurance market through its financial stability and continued dedication to serving agents and policyholders with Genuine Dependability.

According to A.M. Best, “LUBA has historically exhibited disciplined underwriting and a focus on risk management with excellent operating results and strong operating cash flows.  The company retains a very high percentage of its policyholders and offers coverage to a large and diverse population of businesses.”

“LUBA’s rating demonstrates the effectiveness of our approach to business,” said LUBA Chief Operating Officer Mike DePaul. “We pride ourselves in our strict and diligent underwriting criteria, loss control success stories, and our strong level of customer service. This affirmation provides our agents and policyholders the confidence to continue their support of LUBA.”

LUBA currently services more than 157,000 employees through 4,000 policyholders that generate approximately $80 million in written premiums.

About LUBA Workers’ Comp

Founded in 1991, LUBA Workers’ Comp is a casualty insurance company covering businesses in Louisiana, Mississippi, and Arkansas through select, independent insurance agencies. Specializing in workers’ comp for over two decades, LUBA Workers’ Comp strives to deliver Genuine Dependability with superior customer service and complete claims support. LUBA Workers’ Comp is rated “A- Excellent” by A.M. Best Co., the world’s leading insurance rating service, since 2003. Learn more about the LUBA difference by visiting lubawc.com.