2012 election News

In the End, Obama Won on Economy: Analysis

In the end, President Barack Obama won re-election on the issue that was supposed to send him packing: the sluggish U.S. economy. The United States is still digging out from the deepest recession in 80 years, and employers are barely …

Election Gamble Backfires for Financial, Energy Firms: Commentary

“Elections have consequences, and Eric, I won,” President Barack Obama famously told House Republican Whip Eric Cantor shortly after his first inauguration in January 2009. Four years later, Wall Street as well as the oil and gas industry will return …

North Carolina Re-Elects Goodwin as Insurance Commissioner

North Carolina’s incumbent insurance commissioner, Democrat Wayne Goodwin, beat back a challenge by Republican Mike Causey of Greensboro to keep his job. Goodwin won 51.8 percent of the 4.3 million votes cast in the contest; Causey garnered 48.1 percent. Causey, …

Washington’s Kreidler Wins Fourth Term

Incumbent Washington Insurance Commissioner Mike Kreidler won 57.7 percent of the vote in his re-election bid for state insurance commissioner, giving him bragging rights as the U.S.’s longest currently serving insurance commissioner. The Democrat Kreidler, a former state legislator and …

Calif. Prop. 33 Defeated

Update: Californians Lump Props. 32 and 33; a Referendum on the ‘B’ Word The second automobile insurance persistency initiative put to Californians in the last two years was defeated. California’s Proposition 33, the 2012 Automobile Insurance Discount Act, was defeated …

California’s Prop. 33 is Bomb-Tossing Battle to the End

Attack, attack and attack again. That’s been the modus operandi of each side in the Proposition 33 campaign, an initiative on the California ballot that enables automobile insurance consumers to take the loyalty discount they get with their current insurer …

Insurance Agents and the 2012 Election: Interview with Big I CEO Rusbuldt

When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, “skin in the game.” In addition to being concerned with how the overall economy will perform under either a re-elected President Barack Obama …