Republican Steve Poizner won the insurance commissioner's post in California, turning back a challenge from Lt. Gov. Cruz Bustamante.

In other races, incumbent insurance commissioners kept their jobs in Kansas, Oklahoma and Georgia.

Mr. Poizner rode the coattails of Gov. Arnold Schwarzenegger, and also benefited from a lack of enthusiasm from traditional Democratic quarters for Mr. Bustamante.

Proposition 103 author Harvey Rosenfield surprised political observers with his endorsement of the GOP candidate, primarily on the issue of campaign funding. Mr. Bustamante accepted and later returned $150,000 in insurance industry contributions after public pressure.

Democratic incumbent John Garamendi is currently leading in his effort to move up to the lieutenant governor's post.

In Oklahoma, incumbent Democrat Kim Holland survived a nasty race to defeat state lawmaker Bill Case. Ms. Holland was the target of some sharp advertisements from out of state and from the Case camp, questioning her ethics and qualifications for office.

Kansas GOP incumbent Insurance Commissioner Sandy Praeger, currently vice president of the National Association of Insurance Commissioners, bucked a Democratic trend in her state, retaining the post she has held for the past four years. Her predecessor and former NAIC president, Democrat Kathleen Sebelius, rode to an easy victory as governor. Jim R. Ryun (R-2nd) was defeated in his bid for re-election to the House of Representatives.

Georgia GOP Insurance Commissioner John Oxendine won re-election, defeating Democrat Guy Drexinger. Earlier this year, he considered running for lieutenant governor, in a race that gained national attention when evangelical Christian Ralph Reed lost in the GOP primary.

In New York and Ohio, Democratic gubernatorial candidates took the statehouses from GOP hands. New commissioners more than likely will be coming on board next year.

And in a state that faces crucial insurance questions in the coming years–Florida–Democratic Alex Sink turned back a challenge from Tom Lee for the recently created post of chief financial officer, who in turn will appoint the state's insurance commissioner.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.