i-law

Insurance Day

Quackenbush resigns in California scandal

SAN FRANCISCO - Californian insurance commissioner Chuck Quackenbush, whofaced impeachment proceedings, has resigned rather than testify under oathabout using money from insurance company settlements for his own politicalactivities. The resignation, effective July 10, caused both houses of thestate legislature to end three months of hearings. The state attorneygeneral, however, is continuing a separate investigation, which could leadto criminal and civil charges. Mr Quackenbush also faces a $13m taxpayerlawsuit claiming he diverted funds that should have gone to victims of the1994 Northgate earthquake.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2025 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.