Tag: KWS

Campaign Finance Reports – KWS Edition

Filed in Delaware by on January 26, 2012 23 Comments

End of year campaign finance reports were due by January 20, 2012, and of course, KWS filed hers late. It makes for some interesting reading.

It seems that a number of individuals and law firms with an interest in the captive insurance industry like KWS enough to give her money. Now mind you, captive insurance does nothing for the consumer. It isn’t to benefit Delaware consumers; captive insurance is insurance for corporations. It isn’t to benefit our state, and, despite her claims to the contrary, the captive bureau does not fill the state’s coffers. So why does KWS push the captive bureau so hard? Because it makes her donors (lawyers and law firms who work in captive insurance) more money. And in turn, they kick-back money to her campaign.

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Mitch Crane Speaks Out on BCBSD-Highmark

Filed in Delaware by on January 4, 2012 5 Comments

Mitch Crane, the progressive Democratic candidate for Insurance Commissioner, issued a press release yesterday regarding KWS’s turning her back once again on the people of Delaware by approving the merger of Blue Cross Blue Shield of Delaware and Highmark. “This is a bad decision for Delaware. Once again this Insurance Commissioner has put the interests […]

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Did KWS Go Over to the Dark Side? – UPDATED

Filed in Delaware by on December 21, 2011 45 Comments

It seems as though KWS, the incumbent “Democratic” Insurance Commissioner has hired herself a republican to run her re-election campaign. Well, he was a registered republican up until December 12, 2011.

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Primary for Insurance Commissioner

Filed in Delaware by on July 5, 2011 83 Comments

Mitch Crane, former Acting Director of Consumer Services and Investigations under Insurance Commissioner Karen Weldin Stewart, filed paperwork today that will enable him to raise money for the Democratic nomination for Insurance Commissioner in next year’s election. A formal campaign announcement will be made in January. Crane, who lives in Lewes, is a lawyer and […]

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My Interview With Karen Weldin Stewart Post-Hearing

Filed in National by on April 13, 2010 22 Comments

I ask KWS about the resignation of her controller yesterday.  I also ask about contractors v. state employees.  I probably shouldn’t have helped her find the answers, but let me know what you think. [youtube]http://www.youtube.com/watch?v=WWFqoJXlukw[/youtube]

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Ron Williams States His Problem With Bloggers And Then Proceeds To Use Their Work

Filed in Delaware by on March 31, 2010 27 Comments

On today’s opinion page of the News Journal Ron Williams makes several points. 1.  He really doesn’t like bloggers, especially anonymous bloggers 2.  Bloggers that use to be journalists are sorta okay, but, in general, he doesn’t like bloggers. 3.  Having got that off his chest he then proceeds to write an article about a […]

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Insurance Commissioner is Failing Aggrieved Patients

Filed in National by on March 26, 2010 21 Comments

That title is stolen from the News Journal Opinion page today, whose writers I have to give some credit to today.

They highlight an odd bit of business, where Senator John D. Rockefeller, D-W.V has written to Delaware Blue Cross to ask them to provide detailed documentation of why they would deny cardiac testing prescribed by doctors to patients exhibiting symptoms of heart failure.

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The Name’s Been Changed, the Crooks Are Still the Same

Filed in National by on May 5, 2009 3 Comments

From those enlightened financiers at AIG comes this groundbreaking announcement. Their retirement fund group is no longer AIG, it is now, wait for it, VALIC. Isn’t that a pickle company? Appropriate somehow: Possibly, and this is entirely idle speculation on our parts but, the fancy public relations firms the zombie insurer retained are known for running focus […]

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Revisiting Reserve Requirements

Filed in Delaware by on March 16, 2009 6 Comments

I wrote to highlight a blog post redwaterlily wrote over at her blog discussing the current rule change by KWS to reduce the reserve requirements by life insurers — reserves intended to try to ensure that these companies are adequately funded to pay policyholder claims. The conversation continued over at that post on a number […]

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KWS Sucks Thread

Filed in National by on March 11, 2009 23 Comments

KWS wants to relax requirements for insurance companies to maintain sufficient reserves to pay claims. Discuss.

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