NU Online News Service, May 11, 4:22 p.m. EDT–Prodded by constituents angry over their insurance commissioner's tax-payer-financed purchase of a luxury truck, the Louisiana Senate has passed a measure to restrict such spending.

The unanimous passage of a Senate amendment regulating the purchase of vehicles by state employees followed news of an expensive vehicle acquisition by Commissioner Robert Wooley, who wound up apologizing and returning his fancy new set of wheels.

The bill, SB 44, was introduced by Sen. Art Lentini, R-Kenner, who heads the Senate Finance Committee. The bill was received in the House of Representatives yesterday. If it passes the House, it will become law, said Joann Loebig, assistant to Sen. Lentini, adding that passage in the Senate was 23 for and none against–with one senator absent.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.