A Letter from the desk of Steve Poizner
As we begin the general campaign season, I want to update you on my independent run for California Insurance Commissioner. I finished in first place in the primary election with over 2.3 million votes, and I was the only statewide candidate to beat a Democrat for the top spot. This is the first time in the history of California that an Independent candidate has made it through to the General Election.
The Insurance Commissioner is one of 8 statewide elected offices in California. This executive position oversees, regulates, audits, and investigates California’s insurance industry market, which is the fifth largest in the world. Furthermore, this office is independent and does not report to the Governor. It is crucial that a deeply informed and experienced leader serves in this role that impacts our daily lives.
I am confident that my background makes me the most qualified candidate for this position. As you know, I served as Insurance Commissioner from 2007 – 2011. While in office, I saved almost $2 billion by lowering insurance rates, arrested over 3,000 fraudsters, and saved taxpayers $17 million by streamlining the department without any layoffs. Prior to my time in office, I founded three technology companies, including SnapTrack, which invented GPS in cell phones. Since 2011, I have been working hard to expand the tech economy in Southern California through my non-profit, the Alliance for Southern California Innovation.
My considerable experience, leadership, and proven ability to win clearly demonstrate that I am up to the task of becoming our first Independent statewide officeholder. In my second term, I will address some of our state’s most urgent issues, including under-insured homeowners who will face more wildfires, ongoing premium increases in health insurance markets due to insurance fraud, and the growing economic threat of cyber-crime and the need for cyber insurance.
To that end, I am asking you to please consider financially supporting my campaign. Your donation will ensure that we run a successful effort. Any support you can provide at this time is deeply appreciated.
Thank you for your consideration. I look forward to discussing my campaign with you as our race progresses.