Republican Glen Mulready on Nov. 6 prevailed in his bid to become Oklahoma’s next insurance commissioner.
According to the state’s election board, Mulready received nearly 62 percent of the votes in the statewide election, compared to just over 38 percent for his Democratic opponent, Kimberly Fobbs.
He will be sworn in as commissioner on Jan. 14, 2019.
Mulready currently is a member of the Oklahoma House of Representatives and is the House floor leader emeritus. He has previously served as the House insurance committee chair and has 35 years of experience in the insurance industry.
In a pre-election interview with Insurance Journal, Mulready said he had experience in both the property/casualty and life/health sides of the industry. He has worked as an independent agent, a broker and has held executive positions at two Oklahoma health insurance companies. He currently owns a small business that focuses on health insurance and employee benefits.
Fobbs is chair of the Tulsa County Democratic Party. She previously held management and leadership roles at the insurance and financial services company, MetLife.
The state’s current insurance commissioner, John D. Doak, is term limited. He was elected to the post in 2010 and re-elected to a second term in 2014.
In a statement released by the Oklahoma Insurance Department, Doak congratulated Mulready on his win.
“Commissioner-elect Glen Mulready will be a wonderful insurance commissioner,” Doak said. “He’s been a great friend to the Oklahoma Insurance Department as a legislator, working with us to pass bills that improve the lives of Oklahoma consumers. Glen will do a fantastic job protecting and serving the citizens of our great state. I have no doubt the Department is in good hands. My staff and I will do everything we can to ensure a smooth transition. We stand ready to assist in any way possible.”
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