Campaign regulators open investigation into state insurance chief

“[The Fair Political Practices Commission]…opened an investigation into Lara and four political committees over a series of transactions that a watchdog group says appear to show insurance industry donations were diverted to independent groups working to support his re-election…the LGBTQ Caucus Leadership Fund took in $122,500 from seven insurance companies between June 2021 and April 2022…The donations made in the current election cycle closely match the $125,000 that was transferred by the leadership fund to the political action committee and independent expenditure committees now subject to the state investigation.”