WASHINGTON--Former California State Senator Jackie Speier, who was involved in much of the legislation that has impacted the insurance industry in that state, announced she will run for the congressional seat being vacated by Rep. Tom Lantos, D-Calif.
In announcing her candidacy, Ms. Speier noted two issues among several that have involved insurers in the state--privacy and the state's proof of insurance law for drivers. She said her work in the legislature demonstrated an ability to work with Republican colleagues.
"Each day thousands of Americans have their personal financial information traded for money or outright stolen," she said. "I would like to see the same type of tough financial privacy laws passed at the federal level that I got passed here in California."
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