Post by zoe10850 on Jul 24, 2006 11:28:15 GMT -6
If you think Donelon is making a good deal, look at Lafayette's own Jerry Luke LeBlanc. He was in system as a legislator who accumulated at 4% per year for a part time job, then resigned and accepted position with the Blankstare administration, and a salary of about $175,000 and accumulates at 2.5 % currently. He will have a lucrative retirement package for sure; in excess of $100,000 for the rest of his life.
Anyway, I feel the job of the insurance commissioner is less about rate control than ensuring that people who pay premiums in good faith actually receive the coverage that they bewlieve thay have. Insurance business is no different than any other, a profit must be made or one cannot stay in business. The losses from Katrina/Rita were staggering, and insurance has paid out a lot. What concerns me is the people who paid premiums but collected nothing because of water damage. I was told in a face to face meeting with Donelon, that even if you had a video of your house blowing away, and water eventually reached your property, that you were not protected unless you also had flood. I think some of the insurers missled their victems, excuse me, customers. I think an insurance commissioner should exert pressure for those situations.
If a commissioner is in pocket of insurance companies, they will likely favor them over people. I question the need of an insurance commissioner, or an agriculture commissioner for that matter. We have too many elected officials in this state, and that is a waste of money.
Lafayette Parish is a good example of waste in government; Parish council, town councils, city courts, mayor courts, district courts, multiple zoning boards, constables, justices of the peace, city police, local chiefs of police, sheriffs deputies, multiple tax collectors etc. What is the waste in this parish alone? $10 million per year? $25 million ? Sounds like a few road projects a year to me. Why hasn't that occurred to Joey D or some other leader of ours ? BECAUSE of the political jobs.
Anyway, I feel the job of the insurance commissioner is less about rate control than ensuring that people who pay premiums in good faith actually receive the coverage that they bewlieve thay have. Insurance business is no different than any other, a profit must be made or one cannot stay in business. The losses from Katrina/Rita were staggering, and insurance has paid out a lot. What concerns me is the people who paid premiums but collected nothing because of water damage. I was told in a face to face meeting with Donelon, that even if you had a video of your house blowing away, and water eventually reached your property, that you were not protected unless you also had flood. I think some of the insurers missled their victems, excuse me, customers. I think an insurance commissioner should exert pressure for those situations.
If a commissioner is in pocket of insurance companies, they will likely favor them over people. I question the need of an insurance commissioner, or an agriculture commissioner for that matter. We have too many elected officials in this state, and that is a waste of money.
Lafayette Parish is a good example of waste in government; Parish council, town councils, city courts, mayor courts, district courts, multiple zoning boards, constables, justices of the peace, city police, local chiefs of police, sheriffs deputies, multiple tax collectors etc. What is the waste in this parish alone? $10 million per year? $25 million ? Sounds like a few road projects a year to me. Why hasn't that occurred to Joey D or some other leader of ours ? BECAUSE of the political jobs.
