Baton Rouge, La. - Chance Perry of Vinton, La., has been selected as the 2007 recipient of the Stephen Cavanaugh Scholarship. Louisiana Workers' Compensation Corp. (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. Cavanaugh was LWCC's CEO from the company's inception in 1992 until his resignation in 2006. He was diagnosed in September 2006 with Stage IV pancreatic cancer and died November 15, 2006, at age 55.

A student at McNeese State University majoring in finance, Perry will receive the $8,000 scholarship over a four-year period.

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