Auditor: Quackenbush $28 Million Short

A recently released California State Auditor's report says that Former California Insurance Commissioner Chuck Quackenbush overstepped his authority by collecting $28.8 million from insurers without posting the money to the department's accounting records. The auditor's office reviewed Quackenbush's practice of ordering companies to donate to nonprofit organizations instead of levying fines. 'Ultimately, many of these outreach payments were used for purposes completely unrelated to the regulatory responsibility of the department,' the report said. 'We concluded the former commissioner ove...