On the way down: Louisiana employers will see another drop in workers’ compensation rates next year. The Louisiana Workforce Commission says the decrease is set to begin May 1 as a result of The National Council of Compensation Insurance’s recommendation to reduce premium rates by 5.6%. The rates in Louisiana have dropped 34% over the past 10 years, and 50% over the past 20 years. The agency says increased workplace safety is a factor. Read the full announcement.
Main Street: Lt. Gov. Billy Nungesser and the Louisiana Office of Cultural Development’s Division of Historic Preservation have announced $100,000 in grant awards through the Louisiana Main Street program to ten Main Street communities to revitalize historic commercial buildings, The Donaldsonville Chief reports. The funds will go to boost commerce in Donaldsonville, New Orleans, New Iberia, Opelousas, Columbia, Hammond, Eunice, New Roads, Slidell, and Morgan City. Read the full story.
Ripple effect: Congressman Ralph Abraham, R-Alto, says nine projects in Louisiana’s 5th Congressional District will receive more than $27 million in combined loans and grants from the U.S. Department of Agriculture Rural Development. The investments will help upgrade, install or construct nine water system projects in Caldwell, Grant, Jackson, Winn, Catahoula, La Salle, St. Landry and West Feliciana parishes.
