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re: Shreveport cronyism: Mayor's new plan woefully underinsured city assets

Posted on 4/17/19 at 2:23 pm to
Posted by Clames
Member since Oct 2010
16740 posts
Posted on 4/17/19 at 2:23 pm to
quote:

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.


And you'd be wrong, as you usually are.

Sykes is a 2007 Marketing Major drop-out of Southern, he dropped out to pursue a career in men's fashion after working as an insurance salesman. He's a raging incompetent which is why the current mayor had no problem handing off the insurance brokering to him (with a $250,000 commission fee).
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35511 posts
Posted on 4/17/19 at 5:03 pm to
quote:

And you'd be wrong, as you usually are.

Sykes is a 2007 Marketing Major drop-out of Southern, he dropped out to pursue a career in men's fashion after working as an insurance salesman. He's a raging incompetent which is why the current mayor had no problem handing off the insurance brokering to him (with a $250,000 commission fee).
That is the reason I highly doubt he did more than relay bad information to someone else who actually wrote the policy. The previous risk fund went from zero to negative $10 million over the last two years with the city puping $7 million a year plus into it.
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