Chaney on State Farm, Phil Bryant’s campaign for governor
“We’re ready,” Chaney said following an address to Boys State at Copiah-Lincoln Community College. “We’ve changed our emergency response, the way companies write policies and the enforcement of those policies; making them specific. There will be no blindsides. (Companies are) going to write it and put it on your policy.”
The commissioner’s examination of State Farm concluded last summer, finding no wrongdoing.
“The bottom line was we found nothing wrong with they had done,” Chaney said. “They did a bunch of stupid stuff, but they didn’t break the law. Insurance companies were not prepared for Katrina. It became a very complicated issue, and Katrina has probably changed our lives for a long time to come.”
Chaney also fielded political questions from the members of Boys State, which the rising high school seniors have asked of every guest speaker this week. He announced that he has started his own re-election bid and has begun holding fundraisers.
Chaney also shared his opinion on potential gubernatorial candidates in 2011. The obvious candidate is Lt. Gov. Phil Bryant.
“It’s too early for him to get out in front… right now he needs to concentrate on being a good lieutenant governor,” Chaney said.
Brookhaven Daily Leader
5/28/9
