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.
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks 
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July 
Businesses Pressured to Respond to ICE While Becoming a Target 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
