A Democrat running for insurance commissioner says contributions listed in his campaign finance report from a state contractor aren’t unethical.
INS Regulatory Services Inc. — which has received $60 million from the state insurance department to perform financial examinations — donated thousands of dollars to Gene Reed. In all, individuals connected with the company paid more than $14,000 to Reed’s campaign.
Reed is the manager of consumer protection enforcement for the state insurance department. He says his donors know that he fights for consumers now and will fight for them if he’s elected.
He’s running against Democrats Karen Weldin Stewart and Tom Savage and Republican John Brady.
___
Information from: The (Wilmington, Del.) News Journal, http://www.delawareonline.com
Was this article valuable?
Here are more articles you may enjoy.
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 

