Donelon Gets Fourth Term in Louisiana
In the only competitive statewide race in Louisiana other than the one for governor, three-term Insurance Commissioner Jim Donelon held on to his job as the final votes were counted late on October 12. Donelon, who captured about 54 percent of the vote, defeated self-financed opponent Tim Temple, a fellow Republican who spent almost $2 million in the race for commissioner. Donelon said during his campaign that more insurers are competing in the state than ever before and are lowering their rates. He blamed lawyers and a legal system that he claims makes suing too easy for the injured and that is at the heart of Louisiana’s struggle with more expensive policies.
One key difference between the two candidates their stance on the regulation limiting insurers to a single rate increase per year. Donelon said he would keep the rule, but Temple said he would eliminate it and allow insurers to determine their product’s prices at will. In the other statewide race, incumbent Gov. John Bel Edwards (D) came in first with 47 percent of the vote, meaning he’ll face Republican Eddie Rispone in a Nov. 16 runoff.