Terry Cowgill lives in Lakeville, blogs at ctdevilsadvocate.com and is news editor of The Berkshire Record in Great Barrington, Mass. Follow him on Twitter @terrycowgill.
In all the years I’ve been writing about government, I’ve never been able to answer one question: why are otherwise smart people so blind to their own conflicts of interest?
To find a textbook example, look no farther than Connecticut’s insurance commissioner, Katharine Wade. It’s a long story but until 2013 Wade was vice president of Public Policy, Government Affairs and U.S. Compliance at Cigna, the Bloomfield-based insurance behemoth looking to be acquired by the even larger Anthem, a health insurer based in Indianapolis. For eight years previous to her stint at Cigna, Wade headed a lobbying group for Connecticut’s insurance plans.
Wade’s agency has oversight of the merger, which is a little shocking in itself. But the controversy doesn’t end there. Her husband still works as an attorney for Cigna. That’s right. A state government agency headed by Wade will oversee a proposed merger involving her husband’s employer, which is also her previous employer and a company she used to represent as a lobbyist. Got that?
See the complete story at CT News Junkie.