BATON ROUGE, LA (AP) - Terry Lisotta, who was indicted in late 2008 on 14 counts of theft by fraud from the Louisiana Citizens Property Insurance Corp., has a court date Thursday in Baton Rouge.
Defense attorneys and state prosecutors have said that Lisotta was trying to work out a plea bargain.
Lisotta, the former chief executive of Louisiana Citizens, has pleaded not guilty to 14 counts of theft.
He's accused of improperly spending about $30,000 of the state-backed firm's money.
If convicted on all 14 counts, Lisotta would face up to 140 years in jail, $42,000 in fines and restitution.