LUBA Workers’ Comp Receives ‘A- Excellent’ A.M. Best Rating For 14 Consecutive Years

BATON ROUGE – A.M. Best has once again affirmed the “A- Excellent” rating for the financial strength of LUBA Workers’ Comp, a regional casualty insurance company. The company has been rated “A- Excellent” since LUBA’s first rating in 2003.

         Founded in 1889, A.M. Best is the world’s oldest and most authoritative insurance rating and information service, reps said. LUBA’s “A- Excellent” rating reflects its “disciplined underwriting and focus on risk management with excellent operating results,” according to A.M. Best. “Despite difficult market conditions, LUBA has still outperformed its peers and the industry composite.”

         With the company’s expansion into Texas last year, LUBA has continued to focus on a path of steady, controlled growth; while maintaining its level of superior customer service, reps said.

         “Our staff of highly trained professionals, with years of experience, consistently provides the expertise, valuable resources and competitive rates our agents and policyholders depend on,” said Mike DePaul, LUBA’s COO. “It’s what our partners have come to expect from us and our positive rating reinforces that we are doing it the right way.”

         Founded in 1991, LUBA Workers’ Comp is a casualty insurance company covering businesses in Louisiana, Mississippi, Texas and Arkansas, through select, independent insurance agencies. Specializing in workers’ comp for more than 25 years, LUBA Workers’ Comp strives to deliver genuine dependability with superior customer service and complete claims support, reps said.

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