Editorial Vote for Lara for insurance commissioner
When we make an election endorsement, we hope to be able to say that the person we recommend would serve ably, ethically and responsibly. Neither candidate for state insurance commissioner passes that test.
The better pick in the
This is a hold-your-nose recommendation because we feel obliged to offer voters some guidance as they pick between two horrible candidates.
Californians deserve better choices to lead the department of 1,400 employees responsible for overseeing health, auto and homeowner insurance rates — for regulating companies that collect more than
As we said before the primary election, Lara’s term has been an embarrassment reminiscent of the ignominious tenure of
Since that scandal, for nearly two decades California’s insurance commissioners turned away campaign contributions tied to the single industry they regulate — a recognition of the need for independent oversight untainted by political money.
Until Lara came along. After vowing not to accept industry money, he broke that promise in 2018 and then after his election quickly began raising more from those he regulates for this year’s campaign.
As a consumer watchdog group was suing Lara for records from communications within his office and with lobbyists representing key campaign donors, his agency last year suddenly adopted a policy of automatically deleting emails after six months. But after media scrutiny, the agency rescinded the policy in January.
It’s hard to imagine a candidate who could be worse. And then in walked Howell, who demonstrates little idea of why he’s running or what the job of insurance commissioner entails. He was the most ill-prepared candidate for statewide office that we have encountered.
“What would I do as commissioner?” he responded echoing back our first question. He paused and then said “OK, that’s fair” as he seemed to be searching for an answer.
At one point, he finally said he would stop home insurance companies from charging more for coverage in fire-prone areas. And how would he do that? “Good question,” he replied. “The 1,400 people who work in the office, they’re supposed to know how to fix things. That’s what people in the trenches are for. They should do their job.”
Howell is the president and chief engineer of Exatron, a
Had Levine made the runoff, this would have been an entirely different race — with a credible, ethical candidate on the ballot. Instead, Californians face an awful choice between Lara and Howell. Try not to gag as you cast your vote.
—



Independence Village invites all to 'Aging Gracefully Symposium' event
Learner Driver Insurance Market May See a Big Move : Major Giants AXA, Allstate Insurance, Munich Reinsurance
Advisor News
- NY insurance agent and Ponzi schemer faces 4-12 years in prison
- Economic pressure makes boomerang living a new normal
- Millennials ready to bring their advisor to the family table
- The gap between policy awareness and investor conversations
- Younger investors turn to ‘finfluencers’
More Advisor NewsAnnuity News
- A new opportunity for advisors: Younger indexed annuity buyers
- Most employers support embedding guaranteed lifetime income options into DC Plans
- InspereX Partners with AuguStar Retirement for Strategic Expansion into Annuity Market
- FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
- Zinnia’s Zahara policy admin system adds FIA chassis to product library
More Annuity NewsHealth/Employee Benefits News
- Recent Findings from New York University College of Dentistry Advance Knowledge in Managed Care (National Trends in Child and Adult Medicaid Coverage and Reimbursement for Endodontic Procedures): Managed Care
- Report: After health insurance subsidies end, 30,000 Idahoans will be uninsured
- Studies from Seoul National University Hospital Yield New Information about Science (Factors related to unmet nursing care needs for home-visit nursing among long-term care insurance beneficiaries): Science
- Cody Allison & Associates, PLLC Receives Nationally Registered Trademark for Law Firm
- WARNOCK STATEMENT ON NEWS THAT OVER HALF A MILLION GEORGIANS HAVE DROPPED HEALTH CARE COVERAGE
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Old Republic International Corporation’s Subsidiaries
- Government seeks dismissal of Dean Vagnozzi’s lawsuit against SEC
- Symetra Promotes Nicholas Mocciolo to Chief Investment Officer of Symetra Financial Corporation
- NAIFA letter supports change to DOL independent contractor rule guidance
- Are you truly independent? 5 questions to ask
More Life Insurance News