2010 Stephen W. Cavanaugh Scholarship Recipient Named


Baton Rouge, LA (CompNewsNetwork) - Laura Marie Duos of Lake Charles, La., has been selected as the 2010 recipient of the Stephen W. Cavanaugh Scholarship. Duos is a graduate student at McNeese State University, pursuing an MBA.

Louisiana Workers' Compensation Corporation (LWCC) established the Stephen W. Cavanaugh Scholarship Fund in 2006 in honor of Cavanaugh's leadership and lasting contributions to the insurance industry in Louisiana. He was LWCC's chief executive officer from the company's inception in 1992 until 2006, the year he died.

Duos earned her bachelor's degree in business administration from McNeese State University. She is Vice President of Alumni Relations and Fundraising Chairman for the McNeese chapter of Delta Sigma Pi international business fraternity. She is also involved in the International Business Club as well as the Student of Leadership Advisory Council for the Dean.

The scholarship fund, administered by the Baton Rouge Area Foundation, provides financial assistance to deserving Louisiana students who are majoring in an insurance-related field at a Louisiana university, college or community college. Applicants must submit academic transcripts, a statement about their career plans in the insurance industry, and a letter of recommendation from a teacher or professor.

Many generous donors have contributed to the fund, and the LWCC board of directors matched all donations that were given prior to May 1, 2007. The founding donors include Aubrey T. Temple, Jr.; Community Foundation of Acadiana; Dwight Andrus Insurance Agency; Guy Carpenter & Company, LLC; Independent Insurance Agents & Brokers of Louisiana; Knox Insurance Group, LLC; Louisiana Workers' Compensation Corporation; LUBA Casualty Insurance Company; Star Service, Inc.; and Wright & Percy Insurance.

About LWCC
LWCC is a private, nonprofit mutual insurance company.  It is the largest writer of workers' compensation insurance in Louisiana, covering about 18,000 policyholders in the state. For the ninth consecutive year, LWCC has been named one of the 50 top-performing property and casualty insurance companies in the nation – out of more than 3,000 – by Ward Group, the leading authority on insurance industry benchmarking. 

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