Friday, April 20, 2007

Legality of Donelon's Insurance Program Questioned

Corporate Welfare: The House Insurance Committee grilled state and insurance officials over whether a proposed grant of $100 million in state funds can legally be given to insurance companies. The plan, announced by Gov. Blanco and Insurance Commissioner Jim Donelon, would provide up to $100 million in matching grants to insurers that would write new homeowners' business in Louisiana. Ed Anderson, New Orleans Times-Picayune 04/19/2007 Read Article: New Orleans Times-Picayune

No comments: