The Louisiana Governor, Bobby Jindal, has been working to privatize the health insurance program for state employees. The decision comes from an apparent need for the state to have more control over the program that what is currently in place. The program will also benefit from being populated by a number of prestigious private insurance companies. Jindal’s efforts have been successful thus far, and he is now seeking an advisor from among the insurance industry to help manage the new program. Jindal is looking to fill one advisory spot in…
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Louisiana insurance investigator killed raises safety concerns for industry
Early this week, two insurance investigators in Louisiana were found shot to death whilst in the midst of a fraud investigation. The incident caused concern amongst state regulators who have been railing against the prevalence of fraud in Louisiana. Now, the state’s Insurance Commissioner, Jim Donelon, is considering whether his agents will begin carrying weapons as a means to defend themselves as the insurance landscape becomes more volatile. The state’s Insurance Department will conduct a review of safety procedures, but Donelon is likely to institute his measure at the end…
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