LWCC to acquire Prescient National

LWCC , Louisiana’s largest workers’ compensation insurance carrier, announced it is acquiring 100% of North Carolina-based Prescient National , an AM Best “A” rated, high-performing national workers’ compensation insurance company, as a subsidiary of the company.

The acquisition brings together two top-performing workers’ compensation companies with a shared commitment to stakeholders and a culture of excellence. In addition to providing for the diversification of LWCC’s investment portfolio, LWCC expects the two companies to learn from and leverage the other’s strengths for their mutual benefit.

Prescient National will continue to operate as a separate business in Charlotte, North Carolina.