On Tuesday, April 1, the New Orleans Jazz & Heritage Foundation’s Tom Dent Congo Square Lecture Series will present a reading by Tom Sancton, author of “Song for My Fathers,” a memoir of learning to play jazz from the elders at Preservation Hall. The event takes place at 7 p.m. at the Jazz & Heritage Gallery, 1205 North Rampart Street (at Governor Nicholls). Admission is free. For more information, please visit www.jazzandheritage.org.
On Saturday, April 5, the New Orleans Jazz & Heritage Foundation presents a New Orleans Musical Families tribute concert, featuring Maynard Chatters, the 73-year-old trombonist with the Preservation Hall Jazz Band and patriarch of a clan that includes many legendary surnames of New Orleans music -- the Batistes, Jordans, Dollioles and more. The concert will be at 7 p.m. at the Contemporary Arts Center, 900 Camp Street. For information, please visit www.jazzandheritage.org.
Blue Cross, Blue Shield
Blue Cross and Blue Shield of Louisiana has received a 2007 Brand Excellence Award for Member Retention from the Blue Cross and Blue Shield Association. The award is given to Blue Cross and Blue Shield plans that retain a high percentage of their members from the previous year.
“We are proud to receive this honor from our national association,” said President and CEO Gery Barry. “Our high membership retention rates reflect our high standards for customer service, quality and value.”
The annual award honors Blue Cross companies that excel in developing and enhancing the overall image of the Blue Cross and Blue Shield brands, some of the most recognized and trusted in the world. The Brand Excellence Award program began in 1995.
“The winning Blue Cross and Blue Shield companies are taking the leadership role of enhancing products and services that continue to capture, retain and provide choices for their members,” said Scott P. Serota, Blue Cross and Blue Shield Association president and CEO.
Southern University
Southern University at New Orleans (SUNO) will hold an Open House & Family Day on Saturday, March 29, 2008 from 10:00 a.m.
to 2:00 p.m. in the Health & Physical Education Building on the Park Campus at 6400 Press Drive. The event is free and open to the public.
The SUNO Open House & Family Day is a community event designed to create an awareness of what the University has to offer potential students and other potential community partners. Attendees will get the chance to meet administrators, faculty, staff and students. They will also find out about the University’s academic programs, community resources and accommodations.
LWCC
Louisiana Workers’ Compensation Corporation (LWCC) will pay a $45.5 million dividend to qualifying policyholders in April, LWCC President and CEO Kristin W. Wall announced today.
“This dividend signals another strong year in Louisiana’s workers’ compensation insurance market,” said Commissioner of Insurance Jim Donelon. “LWCC continues to contribute to the success of our market by offering a quality product at lower rates to the benefit of policyholders.”
LWCC’s board of directors declared the dividend for the calendar year 2007, and the Louisiana Department of Insurance approved it on Feb. 26, 2008. LWCC returned a $23.2 million dividend to its qualifying policyholders last year.
More than 20,000 policyholders will receive a portion of the new dividend. Individual dividend awards are based on a calculation that takes into account policyholders’ premium payments and longevity with LWCC over the last five years.
“LWCC had an extraordinary year in 2007, allowing us to return a sizable dividend to our policyholders,” said Wall. “The property and casualty industry results in 2007 were very strong, achieving the highest overall profitability since 1988. LWCC benefitted from favorable underlying loss trends and underwriting results, like others in the industry, as well as extraordinary investment gains during 2007. We are extremely pleased to be putting dollars back into the pockets of Louisiana businesses to help strengthen our state’s economy as we continue the process of rebuilding.”
LWCC (www.lwcc.com) is a private, nonprofit mutual insurance company. Since its creation by the legislature in 1991, it has become the largest writer of workers’ compensation insurance in Louisiana. The company carries an “A” (Excellent) rating from A.M. Best and, for the sixth consecutive year, was named one of the top 50 property and casualty insurance companies in the nation out of more than 2,700—by Ward Group, the leading authority on insurance industry benchmarking.
“This dividend underscores the financial strength of LWCC,” said LWCC Chairman Aubrey T. Temple, Jr. “We are grateful to our agent partners, who have contributed to our financial success, and to our policyholders, who have joined us in helping to make Louisiana workplaces safer.”
With this latest dividend, LWCC will have paid dividends to its policyholders for five consecutive years, totaling over $114 million. In keeping with its commitment to provide policyholder value, the company also has lowered rates by more than 40 percent since it began operations in 1992.
Clear Channel
The coast might not be so clear for Clear Channel Communications Inc as the company’s stock has dropped approximately 20 percent due to what appears to be failed buyouts.
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