Insurer fines News

Washington Commissioner Fines GEICO $30K for Raising Premiums on People Who Froze Credit Scores

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 Commissioner Fines Insurance Professionals over Violations

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 …