Coleman/Kazeminy: Insurance exec is Coleman supporter
So far, two separate lawsuits allege that Sen. Norm Coleman's mysterious benefactor, Nasser Kazeminy, disguised cash gifts to the senator as payments from Kazeminy's oil services firm to the insurance company that employed Coleman's wife.
Among the exhibits appended to the Delaware lawsuit are two invoices from the Hays insurance company to Deep Marine Technology. Each invoice is for $25,000 for unspecified services. The invoice identifies the insurance producer as one Michael Prins. Prins turns out to be a longtime Coleman supporter. (Clarification: There were four Hays invoices in total, each for $25,000. Three were paid, but former DMT CEO Paul McKim refused to approve the final payment.)
Prins is an Executive Vice President at Hays Company. He lives in Eden Prairie, MN and he is licensed to write insurance in Minnesota and Texas.
It's not clear what, if anything, Laurie Coleman does for Hays Company. So far, no one has been able to explain why Hays hired the then-50-year-old senator's wife who had no apparent background in insurance.
It's not even clear whether Coleman had her insurance producer's license when she joined Hays. The Hays Company says it brought Coleman on board in 2006. Minnesota public records show that Coleman didn't even get her insurance license until October of 2006.
The payments from DMT to Hays started in the spring of 2007.
It's equally unclear what, if anything the Hays Company did for DMT. Hays claims it was brought on board for risk consulting, but the confidential source quoted in the Delaware lawsuit contradicts that claim. The source asserts that Hays was ostensibly brought in to write insurance, despite the fact that DMT didn't need any additional insurance. The two lawsuits allege that Hays did no work for DMT.
Neither the Coleman camp nor the Hays Company is prepared to answer any further questions.
Like many Hays executives, Mike Prins gives generously to Republican candidates. The Prinses of Eden Prairie have given over $16,000 to Republican candidates since 1998, campaign finance records show, about $4,000 of that went to Norm Coleman's campaigns.
Even more interesting, Prins apparently signed up to attend a $500-a-plate fundraiser co-sponsored by Coleman's senate campaign and the Minnesota GOP on October 23, 2008. (Click image to view full-size.):