Ross Campesi Sr., founder of LCTA Workers’ Comp, died May 7 in his home. Campesi was 90 years old.
“Ross’s passing is obviously a huge personal loss … he was the love of my life,” Melissa Campesi, CEO of LCTA, and wife of Campesi, said. “But it’s also a great loss to his employees and the industry. He was forward thinking and truly valued his employees and policyholders.”
Campesi established Louisiana Commerce & Trade Association (LCTA) in 1990, in an effort to fill the need for cost effective workers’ compensation solutions at a time when there were not many options.
“In creating the LCTA SIF, his philosophy was to always put the members first,” Campesi said of her husband. “He taught his employees that every decision made must be for the benefit their members and that taking care of members meant two things – excellent service and protection.”
His philosophy led the 26-year-old company to become the largest SIF in Louisiana before it successfully converted to a casualty insurance company in January 2016.
Over the course of his 50-year career, Ross was also instrumental in the founding, formation and ongoing success of several industrial contracting, transporting and real estate businesses. Campesi retired in 2013 at the age of 87.
In addition to his contributions to the workers’ comp industry, Campesi served on various banking, healthcare, insurance and agricultural boards. In 2007, Campesi received an award for 50 years of breeding American Quarter Horses from the American Quarter Horse Association.
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