- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Shreveport cronyism: Mayor's new plan woefully underinsured city assets
Posted on 4/17/19 at 12:48 pm to Lsuhoohoo
Posted on 4/17/19 at 12:48 pm to Lsuhoohoo
quote:I know this was likely done under a previous council, but that shouldn't even be legal under state law.
A city ordinance does give the mayor authority to unilaterally choose insurance agencies. But some on the council now want to change that
2
Posted on 4/17/19 at 1:47 pm to mmcgrath
Something is screwy. They updated the ordinance in February to already correct this. Previously it looks like millions of dollars annually were leaching out of the city in the Risk Budget. The city self-insures for some of the risk and carries an umbrella policy for catastrophic damages.
I would have to see the limits set on the insurance policies to compare. It is possible that the new policy is better for what it covers, although it may not have taken into account the city self insuring to a certain level.
I would have to see the limits set on the insurance policies to compare. It is possible that the new policy is better for what it covers, although it may not have taken into account the city self insuring to a certain level.
Posted on 4/17/19 at 1:48 pm to mmcgrath
quote:
know this was likely done under a previous council, but that shouldn't even be legal under state law.
Trying to understand Louisiana politics is impossible.
It's going to be interesting to see what the blowback on Perkins is from all of this. It should be severe but I think the people who would normally pushback on things are about fed up with Shreveport politics. Get rid of one clown and another one gets voted in.
The only solutions here is that Perkins is corrupt or incompetent. It seems as though his administration is setting up to throw their hand picked broker under the bus for fraud, as hes been fined for it before. They're claiming ignorance... "well we were told the level of coverage would be the same".
1) What kind of dumbasses aren't aware of their exact coverage
2) Who hired the broker that was previously fined for fraud and incompetence?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News