Louisiana Insurance Commissioner Robert Wooley will not seek re-election as the chief regulator of companies that write insurance policies in the state. Wooley said in a written statement Thursday that he will step down on Feb. 15 to work in the private sector. His chief deputy, Jim Donelon, will take over until voters can pick Wooley's elected successor, the statement said. Wooley took over the insurance commissioner's job in 2000, after his predecessor, third-term incumbent Jim Brown, was convicted of lying to the FBI and served a six-month prison term.