Washington Insurance Commissioner Mike Kreidler News

Insurers Stepping Toward Greater Green Investment Footprint

This is the second of a two-part column on green bonds. The first installment focused on bond sales. Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green bonds in the last year-and-a-half, …

Washington Commissioner Says Hole-in-One Insurance Scammer at It Again

It appears hole-in-one insurance scammer Kevin Kolenda has been at it again, according to detectives in Washington Insurance Commissioner Mike Kreidler’s office. Kolenda was arrested on Monday in Norwalk, Conn., during a search of his residence. Kreidler’s detectives worked in …

Climate Change Regulations for Insurers Not Out of Realm of Possibility

Some sort of climate change regulation for the insurance industry could be just around the corner. Then again, it might not be. It’s a tossup in the eyes of Don Reed, a managing director in PricewaterhouseCoopers’ U.S. sustainable business solutions …

Former Washington Adjuster Pleads Guilty To $135,000 Theft

Former Nationwide Insurance claims associate Fariborz Romeo Rahrovi, 40, on Friday pled guilty in King County Superior Court in Washington to two counts of theft, criminal conspiracy and money laundering related to the theft of an accident victim’s $525,000 insurance …

Washington Commissioner Disciplines Insurers, Producers

Washington Insurance Commissioner Mike Kreidler in September disciplined several insurance companies, agents and brokers who violated state insurance regulations. Following are the names of the parties, their locations and the violations the Office of the Insurance Commissioner reported to have …

Washington Insurance Judge Untruthful In Case, Inspector Says

An independent investigator says the state insurance office’s top administrative-law judge was misleading and untruthful when it came to a high-profile insurance case that ultimately led to her suspension in May. Patricia Petersen had alleged that the insurance commissioner Chief …

Washington Sheriff’s Deputy Charged With Insurance Fraud

Jeremy B. Jeske, 43, a Spokane County Sheriff’s deputy, has been charged with two counts of insurance fraud in connection with a case that was investigated by Washington Insurance Commissioner Mike Kreidler’s Special Investigations Unit. According to the investigators, Jeske …

Washington Insurance Commissioner Fines Insurance Producers

Washington Insurance Commissioner Mike Kreidler issued fines totaling $23,050 against insurance companies, agents and brokers who violated state insurance regulations. The disciplinary actions and fines were levied from Feb. 10 through March 10. Following are the commissioner’s findings, and the …

Washington Commissioner: Prevented $250K In Insurance Fraud In 2013

Washington Insurance Commissioner Mike Kreidler reported that his special investigations unit sent 11 insurance fraud cases to the court system resulting in 32 felony charges and preventing more than $237,000 in loss in 2013. Charges ranged from filing false insurance …

Washington Lawyer Faces Four Felonies in Alleged Insurance Scam

Washington Insurance Commissioner Mike Kreidler is looking for residents who might be victims of a Seattle attorney who has been charged with four felonies related to a $500,000 insurance settlement. Seattle private law attorney Edward Joseph Callow and former Nationwide …