2nd-term Mississippi Insurance coverage Commissioner Mike Chaney is currently being challenged in the Republican main by John Mosley, a entire body store proprietor who says insurance businesses have gotten away with paying for less-than-ideal replacement parts to restore broken automobiles.
Chaney supporters criticize Mosley for hiring a Democratic trial lawyer in 2013 to sue insurance coverage companies over replacement parts, and they query whether Mosley is striving to turn out to be the state’s leading insurance regulator just to support fellow physique shop owners.
The winner of Tuesday’s Republican major is very likely to also win the Nov. 3 basic election because the only other man or woman operating for insurance commissioner is a Reform Celebration candidate with a minimal-budget campaign.
Mosley said he intends to restrict himself to 2 terms as insurance commissioner. He owns 2 Jackson-location areas of Clinton Body Shop and is a past president of the Mississippi Collision Restore Association. The lawsuit that he, the association and numerous other physique shop owners filed towards insurers is nonetheless pending. The primary plaintiffs’ attorney is John Eaves Jr., who was the Democratic nominee for governor in 2007.
Mosley stated Chaney has not essential insurance coverage organizations to pay out for top-top quality substitute components, this kind of as bumpers.
“Our commissioner has been quite weak, as far as currently being a client advocate,” Mosley said.
Chaney stated state law allows insurers to shell out the lowest reasonable estimated value to fix a damaged automobile as closely as feasible to the problem the motor vehicle was in prior to it was broken.
“If an automobile is significantly less than 4 years old, I don’t know any organization that doesn’t change with unique elements,” Chaney mentioned.
Chaney stands by his record, saying he has worked for shoppers by expanding the variety of firms writing insurance coverage policies in Mississippi. He says more than 15 % of homeowners’ insurance coverage on the Gulf Coast is now written by businesses that didn’t offer policies there before Hurricane Katrina struck a decade in the past.
Mosley said insurance coverage charges on the coast are too high, but he didn’t say especially what he would do to try to change that.
Mosley criticizes Chaney for taking campaign contributions from individuals in the insurance coverage market. Even though such donations are legal, the challenger said they develop a perception of corruption.
“To me, that’s just pure wrong,” Mosley stated.
Chaney acknowledged that he sent a letter to insurance agents earlier this 12 months in search of a minimum campaign contribution of $ 200.
“Dear Pal,” the Chaney letter started out. “For the final 8 years we have been on the identical crew of assisting policyholders. This year I am dealing with a main opponent and I am going to require some support from you.”
Chaney stated his fundraising is aboveboard and that he accepts donations from anybody as long as it’s legal. Campaign contributions really don’;t influence his function, he explained. “You get very good government no matter whether you give me money or not.”
Copyright 2015 Connected Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.