- Associated Press - Wednesday, June 1, 2016

BATON ROUGE, La. (AP) - Richard Newberry has been named the new Chief Executive Officer of Louisiana Citizens Property Insurance Corporation.

Insurance Commissioner Jim Donelon made the announcement Wednesday in a news release.

Donelon says Newberry brings a wealth of experience to the position of CEO of Citizens. He has served in many capacities for Oklahoma Farm Bureau Mutual Insurance Company over his career.

Citizens is the state’s property insurer of last resort and covers properties private insurance companies will not.

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