Former California Insurance Commissioner Chuck Quackenbush has decided to move his family from Rio Linda, a semi-rural community a few miles north of Sacramento, to Hawaii, the Los Angeles Times reported.
Quackenbush resigned July 10 after months of allegations that he used millions of dollars from an earthquake fund established by his office to further his political career.
He still faces criminal investigation by the attorney general for his handling of settlements with insurance companies accused of wrongdoing policyholders after the 1994 Northridge Earthquake. Quackenbush’s attorney Don Heller said that the former insurance commissioner may write a book about his experiences.
Was this article valuable?
Here are more articles you may enjoy.
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
Wall Street Banks Try Out Anthropic’s Mythos 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
