Deputy Commissioner George Grays has added his resignation to the current tumult at California Insurance Commissioner Chuck Quackenbush’s office. In a statement released April 13, Grays said: “My continued service may only serve as a distraction from the critically important consumer protection work Commissioner Quackenbush is doing on behalf of underserved communities and earthquake and Holocaust victims.”
Grays reportedly played a role in facilitating controversial donations made by insurers to an educational foundation set up by Quackenbush. These donations are now under scrutiny from the State Assembly panel and the Attorney General’s office.
Lawmakers have delayed approval of the Commissioner’s $157.7-million budget pending the outcome of the investigations.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Uber and FedEx Get Green Light for Racketeering Suit Against Lawyers, Doctors 
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
Most Are Overcharged for Property Insurance, Vanderbilt Study Says 
