Meyer has the wrong idea if he thinks letting insurance commissioners be elected will fix the warm fuzzies that exist between them and the industry now. Quite the contrary. He will be stunned to see how much fuzzier it gets once the appointed ones have to run for office. All of them will end up even deeper in the pockets of the industry. That’s why they want to be insurance commissioners in the first place, whether elected or appointed. Just look at notoriously corrupt Delaware (elected) whose incompetent no show commissioner deserves special mention for arrogance, greed and lack of scruples.
Every elected insurance commissioner I have seen has done nothing but ruin a state department. They use if for only one thing, running for Governor. They don’t have a clue what insurance is all about and don’t even know the regulations they are supposed to enforce, let alone be able to pass the insurance exams they administer.
This is crazy! If the commissioner was so chummy with the industry – then why can’t I get his department to review the rate/rule/form filings I submitted in 2008? Almost 2 years later and NO ONE from his department has even been assigned to look at them.
Not to mention all the press releases about all the fines they have collected from various insurance companies. How is THAT being “too chummy”?
Your particular insurance commissioner must be the extremely rare exception that proves the rule. The rest of them are a bunch of know-nothing self serving corrupt morons.
When I want SPAM, I’ll go to the grocery store, thank you very much!
Meyer has the wrong idea if he thinks letting insurance commissioners be elected will fix the warm fuzzies that exist between them and the industry now. Quite the contrary. He will be stunned to see how much fuzzier it gets once the appointed ones have to run for office. All of them will end up even deeper in the pockets of the industry. That’s why they want to be insurance commissioners in the first place, whether elected or appointed. Just look at notoriously corrupt Delaware (elected) whose incompetent no show commissioner deserves special mention for arrogance, greed and lack of scruples.
Every elected insurance commissioner I have seen has done nothing but ruin a state department. They use if for only one thing, running for Governor. They don’t have a clue what insurance is all about and don’t even know the regulations they are supposed to enforce, let alone be able to pass the insurance exams they administer.
This is crazy! If the commissioner was so chummy with the industry – then why can’t I get his department to review the rate/rule/form filings I submitted in 2008? Almost 2 years later and NO ONE from his department has even been assigned to look at them.
Not to mention all the press releases about all the fines they have collected from various insurance companies. How is THAT being “too chummy”?
Your particular insurance commissioner must be the extremely rare exception that proves the rule. The rest of them are a bunch of know-nothing self serving corrupt morons.