Campaign contributors in the insurance and securities industries seem to be warming up to Democrats, but bankers’ interest in Democrats is holding steady.[@@]
The Center for Responsive Politics, Washington, has published campaign contribution data supporting that conclusion on its Web site at http://www.opensecrets.org
The Bush administration has been promoting policies, such as the elimination of the estate tax and the elimination of federal terrorism reinsurance, that could hurt insurers, and it has been promoting a lifetime savings account concept that could be more helpful to banks and mutual fund companies at the expense of insurers.
The 2006 election cycle is still young, but the Center for Responsive Politics site shows that insurers are giving 35% of their contributions to Democratic candidates.