National group calls for Connecticut insurance commissioner to step aside

Insurance Commissioner Katharine Wade (CTNewsJunkie file photo)
Insurance Commissioner Katharine Wade (CTNewsJunkie file photo)

HARTFORD, Conn. – Prompted by a call from Connecticut organizations, Democracy for America, a national organization headed by Jim Dean, is calling for the governor to replace Insurance Commissioner Katharine Wade when it comes to her regulatory oversight of the Anthem-Cigna merger.

In a statement, Dean said Gov. Dannel P. Malloy should replace Wade and “end the clear conflict of interest she has in the government’s due diligence process over the Anthem-Cigna merger.”

Wade, who last worked at Cigna in 2013 as vice president Public Policy, Government Affairs and U.S. Compliance, was nominated to the post by Malloy in March 2015 and approved by the General Assembly.

Following her appointment, Republican lawmakers raised questions about her ability to oversee the merger. Wade requested a ruling from the State Ethics Citizen Advisory Commission, which found there was no conflict of interest in Wade overseeing the merger.

See the complete story at CT News Junkie.


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