Democrat Karen Weldin Stewart was re-elected to a second term as Delaware’s insurance commissioner this month, defeating Republican challenger Benjamin Mobley.
In the end, incumbent Stewart easily won the race. With votes counted from all 431 districts, Stewart won 233,352 votes or 61.1 percent of the total votes cast, while Republican candidate Mobley won 140,669 votes or 36.8 percent of the total votes.
Stewart is a veteran of the insurance world, with years of experience in both public and private sectors. She first joined the Delaware insurance department as deputy receiver in 1989. She later founded the Weldin Group Inc., an insurance consulting firm, and also worked as an executive for Reinsurance Solutions International, a subsidiary of Marsh & McLennan Cos. Stewart was elected as Delaware’s insurance commissioner in 2008. Commissioner Stewart currently serves on 22 National Association of Insurance Commissioners (NAIC) committees, task force and work groups.
Stewart has said she sees her department’s primary role as a watchdog for consumers, bringing their concerns and grievances to insurers’ attention. In her remarks to her supporters after winning the election, she said she would continue to serve as an advocate for Delaware consumers. She said homeowners’ insurance rates are lower and auto insurance premiums are also down in Delaware since she has taken office. Delaware has also attracted hundreds of new captive insurance companies during her tenure.
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Deepfake Fraud Is On the Rise. Here’s How Insurers Can Respond 
Study Urges Rethinking of Disaster Management in Era of Compounding Events 
Soccer Officials Arrested After Melee That Damaged Hard Rock Stadium in Miami 
Beryl’s Remnants Spawned 4 Indiana Tornadoes, Including an EF-3: NWS From This Issue
