Ex-Regulator Leaves Louisiana Prison
Michael Ha
NU Online News Service, April 11, 12:14 p.m. EDT?After completing a six-month sentence, former Louisiana insurance commissioner Jim Brown left the Oakdale, La., federal prison early this morning.
"I feel like a returning P.O.W., having been captured and incarcerated by an unjust legal system that failed me," wrote Mr. Brown in his final journal entry from prison, which is posted on his Web site, www.jimbrownla.com.
Earlier this week, Mr. Brown resigned as the state's insurance chief after losing a final appeal of his conviction for lying to an FBI agent. He was suspended from the position after his conviction, but did not resign while his appeals were underway..
He was accused of trying to set up a "sweetheart liquidation deal" for the failed Cascade Insurance Company in his state. He was cleared of that crime, but was convicted of perjury.
Mr. Brown, who was the third-consecutive Louisiana insurance commissioner to serve jail time in federal prison, said he has just finished writing a book about his case to prove his innocence. He said he plans to have it published later this summer.
"I have recently completed a book about my entire case, and describe in detail how the justice system failed me," he wrote. "And I have gathered a wealth of information about the federal prison system I hope to turn into a second book later in the year."
Earlier this week, Louisiana's acting insurance commissioner Robert Wooley was named the state insurance commissioner. This fall, Mr. Wooley will also be a candidate for a statewide election for a full four-year term of the insurance commissioner's post.
Mr. Brown, who is 62, had earlier served as a state senator and the secretary of state, and campaigned unsuccessfully for the governorship in 1987. He was first elected Louisiana's insurance commissioner in 1991 and was re-elected to a second term before his conviction in 2000.
"I've never really felt sorry for myself. Bitter at how the justice system failed me? Yes. But I've kept it inside," he wrote on his Web site.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.