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

Posted on 4/18/19 at 9:40 am to
Posted by Strannix
District 11
Member since Dec 2012
49172 posts
Posted on 4/18/19 at 9:40 am to
they have updated this, they just purchase way more coverage through the corrupt campaign crony
Posted by Brummy
Central, LA
Member since Oct 2009
4527 posts
Posted on 4/18/19 at 10:19 am to
LINK
quote:

The Perkins administration has obtained additional insurance to bring the city up to $300 million dollars in property coverage.

quote:

The council approved paying $1.6 million in invoices in a special meeting on Monday in part to help the city get more coverage. City council members have received an email through Chief Operating Officer Sherricka Fields Jones that says the city is trying to restore the full $815 million in coverage.

We're told the additional insurance was obtained through the same broker -- Frost insurance of Dallas and its agent, Roddrelle Sykes, who's politically connected to the Perkins campaign.

So they paid an additional $1.6M in premiums and they're still under-insured by $500M. Roddrelle gets another commission check and Shreveport is looking down the barrel of severe thunderstorms and tornadoes today. Nice.
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