×

Warning

JUser: :_load: Unable to load user with ID: 318

Thursday, 13 October 2011 12:09
Hodge Claims Donelon Has Received Almost 1M From Insurance Industry
Written by 

The Donald Hodge campaign is claiming that the Louisiana Department of Insurance is Not For Sale.

The Donald Hodge for Insurance Commissioner Campaign released an Excel Spreadsheet in order to inform Louisiana voters how much money from insurance industry companies have poured into the coffers of Commissioner Jim Donelon since 2006. With the filing of the latest Candidate Finance Report on October 12, 2011, Commissioner Donelon is on the verge of surpassing the $1 million mark in insurance industry contributions.

 “It is no longer a secret that the insurance industry has bought and paid for a Commissioner of Insurance in Mr. Donelon. The return on investment has been truly remarkable as well in the form of the highest insurance rate approvals in the nation while at the same time dropping wind and hail coverage for many in our coastal regions. When one combines this with the fact that private insurance received the biggest windfall in terms of lower risk with the onset of Citizen's Insurance, it is no surprise the insurance industry wants to continue with their complete monopoly at the Department of Insurance," said Hodge.

Finally, Hodge reminded voters of the importance of this position to their lives, the affect it has on economic development and the cost it has to local and state government insurance rates. " I hope all Louisianians realize that of all the elections on the ballot, this is the one that has the largest impact on their pocketbook directly. The governor can't raise taxes without the passage of a law in the legislature, but the Commissioner of Insurance can double your rates with the stroke of a pen," proclaimed Hodge.

However, will this later shot by the challenger be enough to overcome his opponent, the incumbent Jim Donelon?  On its website, the Donelon campaign lists the following as endorsers of its campaign:

Public Endorsements
Governor Bobby Jindal
Louisiana Sheriff's Association
Indepedent Insurance Agents Brokers of Louisiana
Tea Party of Louisiana
Regular Democratic Organization
East Baton Rouge Parish Executive Committee
Jefferson Parish Republican Parish Executive Committee
Orleans Parish Republican Parish Executive Committee
Rapides Parish Republican Parish Executive Committee

Also, the webite also states the following: 

"I have maintained a fair approach to insurance regulation, working tirelessly to protect consumers while providing a level playing field for the insurance companies doing business in our state. The result is a stable environment for increased competition, benefiting consumers with more choices and lower rates."

Classes

Do you want to learn how to raise capital for startups?  Click here and learn how

Do you want to attract, hire and retain the best people? Click here and learn how

Learn how startups can engage in social media for their business

Innovative Business Ideas for Startups and Entrepreneurs




Visit Louisiana Politics and
Elections

Latest news, videos, pictures, discussions, columns, events

Poll: Dardenne vs. Nungesser For Louisiana Lt. Governor--SEE WHO IS WINNING!


ogin With 

WATCH THE AMAZING VIDEOS ON KATRINAANNIVERSARY.COM

SHARE THE SITE WITH YOUR FRIENDS AND FOLLOWERS 

Shop NewOrleansMart.Com For Merchandise



Login to post comments
  • A July 4th Fact of Facts: America is Land of Immigrants
  • Poll: Trump strong on jobs, weak on tweets, viewed as reckless, thin-skinned, sexist
  • President Trump, It doesn't feel like Independence Day
  • YIPPIE! The naked truth about free speech, cherished especially on Independence Day

mass2On July 4, 1778, George Washington doubled liquor rations for the soldiers quartered in Princeton, NJ, as a way to celebrate Independence Day. It’s fitting, therefore, that the Fourth of July is America's top-selling beer holiday, according to the Beer Institute. It estimated, in 2013, that sales of beer on the 4th could total $1 billion, doubtlessly higher today. “In moderation,” claims a CA brewery investor, Grover McKean, “beer is tasty and healthy.” Who could disagree?

Read More

joe mikaAs Donald Trump faces the top world leaders this week, including a face-time with Vladimir Putin, and as his healthcare proposals face an uphill climb, his poll numbers for how the nation views him could be better.

According to a morning Consult/Politico poll released Wednesday morning, his tweets, including that against MSNBC's Mika Brzezinski, and his personality are not helping him, at all.

Read More

indy dayII know the calendar says we are approaching the 4th of July, but, it just doesn’t feel like Independence Day.

Perhaps it should.  It’s hot as heck.  The airlines have been packed. The hot dogs are ready for grilling.  The umps are saying, "play ball". The patriotic activities are scheduled. The fireworks are ready-for-blasting. 

Yet, it just doesn’t feel like independence day.

Read More

bill rights2To President Thomas Jefferson, July 4th celebrated more than the signing of the Declaration of Independence. He thought it was a link to the future. The message prominent colonists sent to King George III led to the Constitution and the Bill of Rights, the initial and most prominent feature of which is the First Amendment that guarantees free speech. It’s part of the country’s fundamental essence that each man and woman can say what they feel about government, or anything else, proving President Donald Trump needs some civics lessons.

Read More

latter-blum2

Dead Pelican

Optimized-DeadPelican2 1 1