Andrew Derby Smith (1863-1915): Helped Establish California Insurance Department

Grave of Andrew D. Smith and headshot

 Plot 6

Andrew Derby Smith was a prominent figure in early 20th-century Oakland, remembered for his civic leadership, business success, and commitment to the community. Born in 1863 in Newburyport, Massachusetts, Smith moved west in his youth and eventually made Oakland his permanent home.  

Smith first established himself in the wholesale produce trade and shipping, but he became best known for his work in insurance. He rose to prominence as one of California’s leading insurance executives and advocates, working tirelessly to bring professionalism and regulation to the industry. Recognizing the need for a more accountable and transparent system, Smith played an instrumental role in shaping the creation of the California Insurance Department, which provided oversight and consumer protections in a field that had previously been loosely regulated.

As a respected leader in this emerging sector, Smith was a strong advocate for ethical standards in business, fair treatment of policyholders, and the stability of insurance companies. His work helped build public trust in insurance at a time when California was experiencing both population growth and economic expansion.

California’s insurance oversight was originally organized as the Insurance Department within state government. Its purpose was to regulate insurance companies, ensure solvency, and protect policyholders. The head of this agency became known as the Insurance Commissioner. At first, the position was appointed, but in 1988 voters passed Proposition 103, which made the Insurance Commissioner an elected statewide office beginning in 1991. 

Smith also served as president of the Oakland Chamber of Commerce, where he promoted the city as a growing commercial hub on the Pacific Coast. He championed infrastructure improvements, economic development, and civic beautification projects, aligning with Oakland’s aspirations to establish itself as a modern metropolis distinct from San Francisco.

Smith was also active in fraternal and charitable organizations, including the Masons, and lent his time and resources to philanthropic causes. 

Smith married Fanny Derby, with whom he raised a family in Oakland. His sudden death on May 11, 1915, at the age of 52, was widely mourned across the city. The Oakland Tribune and other newspapers remembered him as a man of integrity, generosity, and vision. 

Source: California State Department of Insurance, Find a Grave, Oakland Tribune