51. Rex Frazier
Rex Frazier is a Republican, and in a state dominated by Democrats, that’s a daunting prospect. But he’s also head of the Personal Insurance Federation of California, an expanded, nine-member group of heavy-hitting insurers, including State Farm, Farmers, Mercury, Chubb, Liberty Mutual and Progressive. The group is small but their pockets are deep. Frazier also heads something called PIFPAC, a coalition of about 1,500 State Farm agents and employees “who understand that California politics can impact, both positively and negatively, (their) businesses,” and he participates in an aggressive pro-business PAC called Keep Californians Working. Frazier’s first job is to protect his members, and he does that in part by supporting political candidates of either major party who he thinks will give his industry a fair shake when it comes to legislation and regulations. Frazier has graduate and undergraduate degrees from the University of Chicago, a law degree from McGeorge School of Law and has served there as an adjunct professor.
Updated Aug. 25, 2o21