Maybe this isn’t as bad as it sounds — maybe — but it does look strange. Terry Lisotta, the head of both Citizens Property Insurance Corp., the state-run insurer of last resort, and the Property Insurance Association of Louisiana, which handles Citizens’ business and was responsible for losing two years’ worth of vital Citizens’ electronic data, is being left to oversee both organizations while the state searches for a new boss for Citizens.
That means Lisotta will be chief executive of both organizations while Citizens is pursuing a possible lawsuit against the insurance association over the software problem.
You know, Gov. Kathleen Blanco is up for re-election this fall. I wonder how this, and the entire Katrina fiasco, is going to play with the voters.
UPDATE: No, I have not begun to run ads on my blog. For some reason, an ad got copied over when I cut and pasted the text from the Times-Picayune. I’m told the ad has been deleted. Sorry for the commercial interruption.