The state’s insurance commissioner has named a new chief executive to run Louisiana Citizens Property Insurance Corp., the state-run insurer of last resort.
Commissioner Jim Donelon said he has named David Thomas to take the helm of the company. Thomas will replace Richard Robertson, who resigned from his $240,000-a-year job effective June 1.
Donelon says Thomas served as president and CEO of Silveus Insurance Partners, of Warsaw, Ind., and has nearly 40 years of experience in the insurance industry.
A spokeswoman for the Insurance Department says Thomas’ salary will be $275,000 pending approval of the Louisiana Citizens Board of Directors at their meeting in July.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested 
Trump Approves Disaster Requests for at Least 7 States; Others Wait 
