LAWCX was formed on July 1, 1992, as a state-wide joint powers authority to self-insure and pool excess workers' compensation losses. The Program was established exclusively for California self-insured workers' compensation joint powers authorities, individual public entities, and special districts. The LAWCX Program is designed to provide all services necessary and appropriate for the establishment, operation, and maintenance of a joint program of excess workers' compensation coverage for its member agencies.

 MISSION STATEMENT

Our mission is to provide our members with an investment in a stable, long term, collaboratively-managed and adaptable organization to ensure that workers' compensation coverage is available and affordable.

ACCREDITATION

LAWCX has been accredited with excellence by the California Association of Joint Powers Authorities (CAJPA). CAJPA's accreditation status is only granted to JPAs meeting the high professional standards established by CAJPA in the areas of governance, finance, claims control, safety and risk control, excess coverage, and risk management. CAJPA's accreditation process requires review by independent consultants in all of these areas including the areas of accounting, claims adjusting, and actuarial analysis.

CERTIFICATE OF EXCELLENCE FOR INVESTMENT POLICY

In August 2007, LAWCX received a Certificate of Excellence for its Investment Policy from the Association of Public Treasurers of the United States and Canada (APT US & C). APT US & C only certifies investment policies that pass its rigorous evaluation process, which evaluates the policy against 18 benchmarks, including: scope; objective; prudence; ethics and conflict of interest; internal control; performance standards, and more. Policies certified by the APT US & C demonstrate that the funds managers are abiding by professional standards established to ensure prudent management of public funds. To see the plaque awarded to LAWCX, click HERE.