Former San Francisco Supervisor Jane Kim will be California's next insurance commissioner, the Associated Press projects, after state Sen. Ben Allen conceded the all-Democrat race on Friday, Nov. 6.
Allen called Kim to concede Friday morning, his campaign spokesman Sam Liu confirmed, the Press-Enterprise reported. Kim declared victory at San Francisco's Golden Fire Hydrant, known for working after the 1906 earthquake.
"This little known office oversees this $3 trillion industry that has zero federal oversight," Kim said. "So we have to make insurance affordable, available and fair."
Her plan
Kim ran on a public, nonprofit insurance pool for major disasters such as wildfires, earthquakes and floods, which her campaign called "Natural Disaster Insurance for All," CBS News Bay Area reported. It would be funded by premiums and is separate from the state's FAIR Plan.
The count: As of Friday morning, Kim led by roughly 404,100 votes out of more than 7.8 million cast, according to the Press-Enterprise. The Secretary of State has until Dec. 11 to certify results. Kim will succeed Ricardo Lara.
Related: Kim's early lead and record outside spending in the race.