March 13, 2001 |
Allstate Insurance, the state's second-largest auto insurer, is raising California drivers' premiums 6.9% in a move that is expected to trigger other insurance companies to follow suit. Allstate is the largest California insurer to boost its rates after years of price-cutting in the 1990s reduced overall premiums by more than 10% statewide. Allstate, which insures 2.1 million California drivers, lowered its own rates by 22% from 1996 to 1999.
February 22, 2001 |
The plight of a whistle-blower who risked her law license by exposing misdeeds at the Department of Insurance prompted legislation Wednesday to protect government attorneys who report wrongdoing. Assemblyman Darrell Steinberg (D-Sacramento) said he was introducing the measure, AB 363, to fulfill a commitment to push for reforms that would help avoid a repeat of the scandal that involved former Insurance Commissioner Chuck Quackenbush and forced him from office last July.
February 21, 2001 |
The Department of Insurance under former chief Chuck Quackenbush covered up $400,000 that insurance giant Lloyd's of London paid the state after Quackenbush took the insurer's side in a fraud suit filed by another state agency. Against the advice of at least one Insurance Department lawyer, Quackenbush's staff produced a phony invoice to hide the money, billing it as payment for "educational briefings."
February 20, 2001 |
As part of a cozy relationship with those he regulated, former state Insurance Commissioner Chuck Quackenbush took trips to Amsterdam, London and Beijing paid for by insurance companies that had millions of dollars in business pending before him.
January 19, 2001 |
A football coach who operated a camp for troubled children became the second person to be prosecuted in the scandal surrounding former Insurance Commissioner Chuck Quackenbush as a federal grand jury returned an indictment Thursday on mail fraud, conspiracy and obstruction of justice charges. The grand jury accused Brian K.
December 30, 2000 |
A state appeal court Friday upheld the right of insurers to use ZIP Codes to set auto insurance rates in California--dealing a setback to consumer advocates' hopes of lowering rates for urban motorists. In issuing its decision, the 1st District Court of Appeal in San Francisco reversed a controversial 1998 trial court ruling regarding Proposition 103.
December 5, 2000 |
Two of California's biggest insurers said Monday they will boost liability premiums for sport-utility vehicles, vans and large pickups to reflect the big vehicles' propensity to cause more damage in accidents. Allstate, the state's third-largest auto insurer, said it will increase liability premiums for many 2001 model SUVs and other large vehicles in California beginning Dec. 18.
November 30, 2000 |
The California Supreme Court refused Wednesday to rule on the constitutionality of a new state law that gives Northridge earthquake victims a year to reopen damage claims against insurance companies. The court gave no reason for declining to take the case. A lawyer for the insurance companies that had filed the petition seeking court action acknowledged it is rare for such requests to be granted. "It's very tough to get these. . . .
November 30, 2000 |
In a decision that could give attorneys new freedom to expose wrongdoing, the State Bar of California has exonerated whistle-blower Cindy Ossias of violating lawyers' ethics when she leaked documents that contributed to the downfall of former Insurance Commissioner Chuck Quackenbush. The bar found that the actions of Ossias, a Department of Insurance lawyer, were not only protected by the California Whistleblower Act but, more important, "advanced . . .
November 23, 2000 |
Fearing a flood of lawsuits, California's insurance industry Wednesday challenged the constitutionality of a new state law that allows Northridge earthquake victims to reopen claims against their insurers. In a petition to the California Supreme Court, the industry asked for an order stopping the law from taking effect until its constitutionality can be decided.