Bill Boyd (Washington)
Bill Boyd (Democratic Party) ran for election for Washington Commissioner of Insurance. He lost in the primary on August 6, 2024.
Biography
Bill Boyd earned a bachelor's degree in applied mathematics from California State Polytechnic. His career experience includes working as a meat cutter, as a financial advisor, and as an insurance broker.[1]
Elections
2024
See also: Washington Insurance Commissioner election, 2024
General election
General election for Washington Commissioner of Insurance
Patricia Kuderer defeated Phil Fortunato in the general election for Washington Commissioner of Insurance on November 5, 2024.
Candidate | % | Votes | ||
| ✔ |  | Patricia Kuderer (D) | 56.6 | 2,091,969 |
 | Phil Fortunato (R) | 43.3 | 1,598,032 | |
| Other/Write-in votes | 0.1 | 4,430 | ||
| Total votes: 3,694,431 | |||
 = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Nonpartisan primary election
Nonpartisan primary for Washington Commissioner of Insurance
The following candidates ran in the primary for Washington Commissioner of Insurance on August 6, 2024.
Candidate | % | Votes | ||
| ✔ | | Patricia Kuderer (D) | 45.2 | 845,148 |
| ✔ | | Phil Fortunato (R) | 28.5 | 533,560 |
 | Justin Murta (R) | 10.1 | 189,582 | |
 | John Pestinger (D) | 5.6 | 103,986 | |
 | Jonathan Hendrix (No party preference) | 3.7 | 68,961 | |
 | Bill Boyd (D) | 3.1 | 57,387 | |
| Chris Chung (D) | 2.9 | 54,469 | ||
 | Tim Verzal (No party preference) | 0.8 | 15,742 | |
| Other/Write-in votes | 0.1 | 1,738 | ||
| Total votes: 1,870,573 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
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Withdrawn or disqualified candidates
- Khristopher Greene (No party preference)
Campaign finance
Endorsements
Ballotpedia did not identify endorsements for Boyd in this election.
Campaign themes
2024
Ballotpedia survey responses
See also: Ballotpedia's Candidate Connection
Bill Boyd did not complete Ballotpedia's 2024 Candidate Connection survey.
Campaign website
Boyd’s campaign website stated the following:
| “ |
Workers Comp. I would urge privatization of Workers’ Compensation. The worker’s compensation program has not had an overhaul in years. We are working with a 19th-century program. Washington is one of 4 states with a monopolistic system. The monopolistic states have higher costs with fewer benefits. The first benefit is to the workers; the majority of workers in WA would see a reduction in taxes. Most employees pay a portion of the cost. The second benefit is to the employer. The additional competition in the state will provide lower costs to employers. I plan to work with the legislature to build a program that will benefit both the employee and employer. The state will see additional revenue and less cost to the taxpayer. The prime example is the privatization of alcohol. The state saw a huge increase in tax revenue and lower costs. We should work to be more transparent and part of the future.
Health insurance has been an issue for years and continues to be an issue. Although the Affordable Care Act helped, it also created some limitations for innovation. All new health insurance programs must comply with the Affordable Care Act. As such, a single-payer system would never work in WA State. In the short term, I want to urge other types of coverage to expand supplemental insurance companies like Aflac to increase their coverage options. I would work with the leading health insurance companies to build new products that could be fully underwritten, including the expansion of accident health insurance. I would invite additional competition into the state.
Weather-related claims have increased due to climate change. We need to work as an industry to address these issues. As someone who is in the trenches dealing with the issues on a daily basis, I can work with everyone involved to fix some issues. A deductible savings program will allow insureds to have higher deductibles without having more money out of their pockets. I will work diligently to add additional carriers to WA state. I will work with existing carriers to open their markets back up. We will introduce new forms limiting the insurance carrier’s exposure, offering an option for Actual cash value on 20-year-old roofs. In the rural areas, we will work with carriers to add to the wildfire defense program. We will work with homeowners to expand the green space around their homes and institute Safer home construction. Earthquake, Flood and Landslide. I will work with insurance companies to expand their products so more companies will offer DIC (difference in condition ) policies, so there can be coverage for these catastrophic issues. Auto insurance The cost of auto insurance hits most Washingtonians. The rates have been going through the roof. The cost of repair is the major factor for the rate increases. There are more drivers on the road which translates into more accidents and more deaths. We need more insurance companies in WA state. The additional competition will drive down rates. Deductible savings programs will help insureds save money and increase their deductible. We have the 5th most uninsured drivers in the nation. I had supported senate bill 5326, requiring proof of financial responsibility to register a car. It also gave online immediate access to the WA State Patrol and other police organizations to verify insurance. This will reduce the number of uninsured drivers. 43 states require proof of insurance to register a car. The minimum coverage requirement for liability coverage of $25,000 per person, $50,000 per accident, and $10,000 for property damage is very low. I will work to increase this coverage. As the climate changes, more claims are associated with weather damage. We need to work together to reduce the potential of damage due to weather. In rural areas, this includes creating more green space around structures. Working with organizations like the Wildfire Defense Systems to ensure property is safer during fire season. Hail is a major issue for vehicles. Vehicles will need to be made from materials that are hail-resistant. LTGBQ support: In the ’90s, using my background in Math/Actuary, I was able to show underwriting that a committed gay couple had the same exposure as a married couple. I was able to get them the Marriage discount. This spread to all agents that represented SAFECO. This was huge, as such I was able to help the Gay community save a lot of money on their insurance. Implementing just a few of these programs will reduce our costs. [2] |
” |
| —Bill Boyd’s campaign website (2024)[3] | ||
Campaign finance summary
Note: The finance data shown here comes from the disclosures required of candidates and parties. Depending on the election or state, this may represent only a portion of all the funds spent on their behalf. Satellite spending groups may or may not have expended funds related to the candidate or politician on whose page you are reading this disclaimer. Campaign finance data from elections may be incomplete. For elections to federal offices, complete data can be found at the FEC website. Click here for more on federal campaign finance law and here for more on state campaign finance law.
See also
2024 Elections
External links
Footnotes
- ↑ Elect Bill Boyd Insurance Commissioner, "Bio," accessed July 22, 2024
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Elect Bill Boyd Insurance Commissioner, “Policy Positions,” accessed July 23, 2024
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