Posted: May 27, 2003
FOR INSURANCE COMMISSIONER
Karen Weldin Stewart, the 2000
Democratic candidate for insurance commissioner, announced that she
will run again in 2004.
My committee has been meeting to
evaluate whether I should make a second bid for the office in 2004.
After being approached from people of all different sectors, I
decided to enter the 2004 race, Stewart said.
A formal announcement will come
"Four years ago when I decided to
run, my decision was based on the total non-responsiveness and lack
of initiative of the Delaware Insurance Department. Between
elections, the incumbent commissioner disappears, and the industry
seems to run the office. The situation has not improved since 2000,
and if anything, it's gotten worse, Stewart said.
Stewart pointed to the lack of any
initiative to control costs of insurance and the availability of
insurance. "In a worsening economy, thousands of people face the
loss of their jobs. There have been no attempts from the Delaware
Insurance Department to address the lack of affordable health
insurance for the self employed, non-employed and senior
citizens. Hoping that someone else will solve the problem is the
policy of the current commissioner. The citizens of Delaware need a
commissioner who will do the work required to control spiraling auto
insurance costs, health costs and availability."
Stewart is president of a consulting
company that provides expert assistance to insurance regulators in
the field of impaired or insolvent insurers. She lost to the
incumbent in 2000 by a narrow margin.
Stewart is looking forward to a
rematch. "I see the needs of Delaware citizens for an insurance
commissioner who truly represents them and wants to make a real
difference, she said.
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