Business Insurance
Voters in California’s primary election on Tuesday will decide from among eleven candidates who will fill the role of insurance commissioner, according to the Secretary of State.
The biggest issue shaping the election centers on the candidates’ willingness to accept campaign contributions from insurers.
Two of the leading Democratic candidates do not accept any insurer money, while a third one does, according to the Santa Monica, Calif.-based Foundation for Taxpayer and Consumer Rights. Democrat John Garamendi, California’s insurance commissioner from 1991 to 1995, does not accept any insurer contributions. Neither does Democrat Tom Umburg. Assemblyman Tom Calderon, D-Montebello, has received more than $1.5 million from insurers, according to FTCR.
Republican candidates Wes Bannister, Gary Mendoza and Stefan Stitch have not received contributions from insurers.
