Kuderer, Fortunato lead in WA insurance commissioner primary
Aug. 6—Sitting state senators
As of Tuesday, Kuderer, D-
Republican
The other candidates —
It's the first time in more than 20 years that
The insurance commissioner, while less publicized than some other statewide offices contested this year, plays a key role in setting insurance rates for car, home and health insurance. As insurance costs have risen due to increasing car accidents, climate change-related disasters and inflation, candidates have promised to stabilize rates.
But they've proposed vastly different methods for doing so.
Fortunato said he would reduce regulations and try to increase competition between companies to drive down rates. He also advocated for removing mandatory coverage for services like birth control, instead opting to have people buy policies that cover specific things.
ELECTION RESULTS
Insurance Commissioner
Back to top of election results
Kuderer said she would be careful about removing regulations to avoid stepping on consumer protections. But she said she'd push companies to be transparent about price hikes and educate consumers on how things like climate change-based disasters can affect their policies. She also said she would prioritize moving
Kuderer and Fortunato, who are already serving in public office and raised considerably more money than their opponents, were competing against several candidates who had previous work experience related to the insurance industry.
The insurance commissioner's race is one of the few statewide offices that won't have an incumbent seeking re-election this fall.
In other races, sitting Lieutenant Governor
Secretary of State
State Treasurer
___
(c)2024 The Seattle Times
Visit The Seattle Times at www.seattletimes.com
Distributed by Tribune Content Agency, LLC.


What factors have sent Japanese indexes on their roller-coaster ride?
HYFR Morgan Stanley Form 10-Q period ended 30 June 2024
Advisor News
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
More Advisor NewsAnnuity News
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
More Annuity NewsHealth/Employee Benefits News
Life Insurance News