Tim Temple lends himself $950,000 for insurance coverage commissioner’s race

In a transfer that would possibly shun different applicants from coming into the race, Tim Temple has dedicated $950,000 of his personal cash to run for Louisiana insurance coverage commissioner. Thus far, nobody else has declared they are going to input the race to exchange Jim Donelon, who has introduced he’s going to no longer search re-election.

Temple, a DeRidder local who runs a Baton Rouge family-owned insurance coverage industry, self-financed his marketing campaign when he unsuccessfully challenged Donelon 4 years in the past. This time round, he expects to attract extra contributions from the insurance coverage business and its lobbyists with the incumbent out of the race, Ruth Wisher with the Temple marketing campaign stated.

Temple’s marketing campaign finance document filed Monday presentations he won just about $168,000 in contributions since Jan. 1. With $1 million already to be had ahead of the reporting duration, Temple, a Republican, now studies $2 million in marketing campaign money available.

Most effective a few names have surfaced as possible entrants within the insurance coverage commissioner’s race, however others may come ahead after the present legislative consultation the place a number of insurance coverage similar issues are being debated.  

Public Provider Commissioner Eric Skrmetta, R-Metairie, is claimed to be taking into account the race. A finance document filed in February indicated his marketing campaign had a detrimental money stability of kind of $2,100 on the finish of 2022.

State Rep. Edmond Jordan, D-Baton Rouge, has additionally discussed an pastime. His marketing campaign fund totalled $21,000 as of Dec. 31, 2022.

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