A dimmer bulb has never flickered in the Louisiana DOI folks.
Donelon said he took off another 2.3 percent because it was excessive and served to build the company’s capital and reserves.
“They don’t need to be building reserves” with rates, Donelon said. He said other fees help Citizens remain solvent.
Reserves???? Didn’t you mean the almost billion dollar deficit Jimbo? A common clown may well be able to fool the big business lackey/buffoons over at the Wall Street Journal editorial board but the numbers don’t lie and convey the ugly truth about Louisiana’s corrupt, special interest ridden insurer of last resort.