Suspended Louisiana Insurance Commissioner, Jim Brown, officially resigned his post Monday following the declination of a writ of review for the second time by the U.S. Supreme Court following his conviction for lying to an FBI agent about what he knew about the liquidation of Cascade Insurance Co. Brown, serving 6 months in federal prison, was suspended without pay following his conviction but was not required to resign until his appeals were exhausted.Louisiana seems to have a problem with insurance commissioners. Brown is the third consecutive Louisiana insurance commissioner to go to fede...
Comments