A bill that would have given Washington’s insurance commissioner the power to order restitution to harmed policyholders failed to pass out of a House committee this week. Substitute Senate Bill 5331 failed to pass out of the House Consumer Protection …
Washington Insurance Commissioner Mike Kreidler issued fines in March totaling $578,363 against insurance companies that violated state insurance laws and regulations. Following is a breakdown of who was fined, and the commissioner’s stated reasons for the actions: Insurance companies The …
Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $49,200 against insurance companies, agents and brokers who violated state insurance regulations. The biggest fine was $30,000 against GEICO for not properly notifying consumers whose premiums it raised because they …
Washington Insurance Commissioner Mike Kreidler recently took disciplinary action and issued fines totaling $3,650 against insurance companies, agents and a continuing education provider who violated state insurance regulations. Janet Pack, Tacoma; fined $1,500 Pack reportedly sold an annuity to a …
