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Quackenbush Rejected Steep Fines for Insurers. Department Staff called for penalties for mishandling of Northridge quake claims. But aide says smaller sanctions, with donations to special foundation, were 'significant.'

Number 19146
Subject Insurance
Source Los Angeles Times
State CA
Year 2000
Publication Date Sunday, April 2, 2000
Summary Insurance Commissioner Chuck Quackenbush rejected recommendations from his own legal team that some of the biggest insurance companies in the state be fine hundreds of millions of dollars for mishandling claims in the aftermath of the devastating Northridge earthquake.
Category General
Pages 3
Keywords Insurance Commissioner;Northridge earthquake;policyholders;earthquake victims;fines;donations
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