News Bulletins

In local news:

Louisiana Department of Insurance Commissioner Jim Donelon highlighted LWCC’s policyholder dividend in a press release, noting that LWCC is distributing $136 million in total this year.

Read more here.

In local news:

Gov. John Bel Edwards highlighted the third methanol plant developed by Methanex in Geismar, Louisiana, where the $1.3 billion to $1.4 billion project will generate over 1,000 construction jobs in the next three years.

In safety news:

OSHA placed on public inspection a proposal to protect workers in shipyards and construction from beryllium exposure by more appropriately tailoring the requirements of the standards to the exposures in these industries. The proposal ensures consistency with the general industry standard where appropriate based on a July 2017 final rule clarifying certain requirements with respect to materials containing only trace amounts of beryllium.

Read more here.

Upcoming events:

  • RIMS SLC Charity Golf Tournament | 10/18/19 | Audubon Park
  • NOCA October luncheon | 10/24/19 | Andy’s Bistro | RSVP: nocareply@gmail.com
  • Louisiana Comp Blog Comp in Focus luncheon| 11/5/19 | Mansurs on the Boulevard | Register

In local news:

Louisiana Insurance Commissioner Jim Donelon has granted his approval to the University of Louisiana Monroe Foundation to release $585,000 to the college to create an Endowed Chair position in the College of Business and Social Sciences. The College will provide the additional funding needed from other sources to create the Endowed Chair in Risk Management and Insurance.

Read more here.

In safety news:

USDOL has selected 12 members to serve on the National Advisory Committee on Occupational Safety and Health (NACOSH). The members, four of whom were designated by the Secretary of Health and Human Services (HHS), represent occupational health, occupational safety, labor, management, and public interests.

Read the list here.

In industry news:

Kids’ Chance of America announced its next webinar: 6 Strategies for Finding Kids, which will be presented by Kim Stezala, Senior Partner, Design Group International, on October 30th.

Register here.

Upcoming events:

  • RIMS SLC Charity Golf Tournament | 10/18/19 | Audubon Park
  • NOCA October luncheon | 10/24/19 | Andy’s Bistro | RSVP: nocareply@gmail.com
  • Louisiana Comp Blog Comp in Focus luncheon| 11/5/19 | Mansurs on the Boulevard | Register

In industry news:

NCCI released a new Industry Roundtable interview on its website. In this installment, Donnell speaks with Phil Kalin about industry transformation and disruption. Kalin is the president and CEO of Pinnacol Assurance, and the current chair of the American Association of State Compensation Insurance Funds.

Read the interview here.

In economic news:

According to new Bureau of Labor Statistics numbers, in September, the number of people unemployed decreased by 275,000 to 5.8 million. Among these, the number of job losers and persons who completed temporary jobs declined by 304,000 to 2.6 million. This includes people who lost their jobs not due to a temporary layoff (–218,000) and people who lost their jobs because of a temporary layoff (–86,000).

Read more here.