Liberty Mutual Insurance Co. announced that it is planning to convert to a mutual holding company. The plans call for a new structure that would allow it to issue shares of common stock, thought the company said that it isn't planning to demutualize. There are no current plans to issue the stock how...Read More
Justice Harry Low was sworn in as California's 37th insurance commissioner at a ceremony in San Francisco.
Low, 69, a retired appeals court judge and a Democrat, will complete the remaining two years of the term of Republican Chuck Quackenbush.
Interim commissioner, Clark Kel...Read More
Harry Low was confirmed as California's new insurance commissioner by the California Legislature to take over the balance of the term left by former commissioner Chuck Quackenbush.
Low, 69, a retired appeals court judge, will take over the department in mid-September according to Califor...Read More
Governor Gray Davis announced today his nomination to fill the vacancy left by Chuck Quackenbush as Insurance Commissioner, the honorable Harry Low. This particular appointment was anticipated. Low's nomination must still be confirmed by the Legislature, which will then fill the position fo...Read More
In a scathing article this morning in the LA Times revelations are made in surprise testimony by Department of Insurance lawyers, who essentially say that they were directed by the Commissioner to settle hundreds of millions of dollars in fines from the Northridge quake and from title insurers in ex...Read More
I don't know how many read the front page of the LA Times yesterday (6/6/00), but they ran an article summarizing committee testimony by Farmers Insuarnce Group executives, including their general counsel, basically stating that Insurance Commissioner Chuck Quackenbush personally attempted to extrac...Read More