BISMARCK — North Dakota's insurance commissioner says he will run for a second term in 2020.

Jon Godfread announced in a news release that he will formally launch his reelection bid next week at the Republican state headquarters in Bismarck. The Republican was first elected to the position in 2016, defeating Democrat Ruth Buffalo by a heavy margin.

The insurance commissioner educates consumers about the industry, handles complaints and oversees licensing for insurance professionals in the state. North Dakota is one of 11 states where the insurance commissioner is elected rather than appointed.

Godfread served as vice president of governmental affairs for the Greater North Dakota Chamber in Bismarck and played professional basketball in Germany before running for public office.

The Grand Forks native graduated from the University of Northern Iowa in 2005 and earned a Master of Business Administration and law degrees at the University of North Dakota in 2011.