California Insurance Commissioner John Garamendi held a press conference Aug. 7 announcing his candidacy for Governor of California.
Garamendi enters the race alongside Republican Arnold Schwarzenegger and Democrat Lieutenant Governor Cruz Bustamante.
Reports from the San Diego Union Tribune state Republican Congressman Darrell Issa, who funded the Davis recall, is now backing out of the race.
Garamendi, a Democrat, previously ran for the office of Governor twice in the past.
Insurance Journal will bring you the latest on the gubernatorial race as more information becomes available.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Why Are Property & Casualty Carriers So Profitable? 
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test 
