The Moral Hazard

Here's a unique perspective on the Rowland resignation:

Conn. Gov. Rowland, Former Insurance Agent, Resigns Amid Impeachment Inquiry

June 22, 2004

John Rowland, a member of a prominent Connecticut insurance and political family and himself a former insurance agent, resigned last evening as governor of Connecticut rather than testify before a legislative panel investigating his possible impeachment.

Following the state Supreme Court's ruling on June 18 that he would have to testify before the legislative committee, Rowland opted to exit office rather than prolong the political battle that had left him with little public support.
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Rowland was born in Waterbury, the descendant of a family steeped in Connecticut insurance and politics. He worked as an insurance agent for his family's Waterbury agency until 1984, when he was first elected to the U.S. House of Representatives. The Republican had previously won seats in the state House in 1980 and 1982.

From term life to a life term?

(source)