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Washington State Office of the Insurance Commissioner

2008 news releases 

December
12/29/2008 Consumers: Resolve to get smart about insurance in 2009
12/22/2008 Notice: Hearing scheduled on sale of National Merit to Trinity Universal
12/15/2008 Check your insurance to make sure you’re covered during the holidays
Quick tips to avoid holiday mishaps
12/11/2008 Is credit insurance the safety net you need or a waste of money?
12/9/2008 Medicare Part D deadline nearing – don’t delay, enroll today!
Call our SHIBA HelpLine at 1-800-562-6900 for help
November
11/13/2008 The rainy season has arrived - do you have flood insurance?
11/10/2008 Insurance Commissioner launches new fraud Web site to protect consumers
The fraud section of the site has been expanded to educate people on how to recognize and avoid fraud, and to make reporting easier.
October
10/28/2008 Questions about Medicare Part D?
Call a SHIBA HelpLine volunteer in your community
10/3/2008 Notice: National Merit sale
Trinity Universal Insurance Company wants to purchase the National Merit Insurance Company. Learn more.
10/1/2008 Insurance Commissioner and Stewart Title reach settlement
Insurance Commissioner Mike Kreidler has fined Stewart Title of Snohomish County $400,000 for giving illegal gifts and incentives to realtors.
September
9/24/2008 AIG policyholders should be careful if approached to replace policies
9/18/2008 Insurance Commissioner approves Safeco sale
The Liberty Mutual Group acquired the Safeco Group today for $6.2 billion.
9/17/2008 Kreidler issues statement to AIG policyholders
Updated Sept. 17, 2008
9/16/2008 Notice of Legal Proceedings: Hearing scheduled to consider requested additional investment in Washington health carrier
August
8/28/2008 Untrustworthy insurance agents will lose licenses in Washington state
Important decision in recent case and fines levied
8/26/2008 Hearing on Safeco sale scheduled for Sept. 10
A judge will hear concerns and decide whether to approve the sale of Safeco to Liberty Mutual
8/7/2008 Planning a golf tournament? Beware hole-in-one insurance
Golf Marketing is fined and ordered to stop doing business in Washington state.
July
7/21/2008 $20 million fine levied against Mega Life and Health, MidWest National and Chesapeake LifeWashington state has approximately 72,900 policyholders
7/15/2008 Kreidler offers assistance to homeowners hit by wildfiresConsumers needing help urged to call 1-800-562-6900.
June
6/24/2008 Insurance Commissioner levies big fines for companies that don’t follow rules
6/5/2008 Western United sale to Global Life closes
Insurer to stay in Spokane
May
5/19/2008 Kreidler seeking contractors to review SAFECO acquisition
Proposals due June 9
5/5/2008 Court approves sale of Western United to Global Life
Kreidler negotiates new purchase price of $55 million
April
4/7/2008 Kreidler announces potential sale of Western United
Hearing date set for May 2
4/3/2008 Kreidler names Vernon Stoner as his new Chief Deputy
Vernon started on April 1
4/1/2008 Governor to sign individual health insurance bill today
Insurance Commissioner regains authority over rates
March
3/17/2008 Kreidler urges consumers to take flood precautions today
National Flood Safety Awareness Week is March 17-21
3/5/2008 Agency asked to approve stock purchase of Bellevue insurer
Hearing set for March 19
3/3/2008 Illinois insurers fined for violations, overcharging consumers
Recent enforcement actions by Insurance Commissioner Mike Kreidler
3/3/2008 March 3- 8 is National Consumer Protection Week
Kreidler promotes homeowner literacy
February
No February 2008 news releases.
January
1/23/2008 Kreidler sets the record straight on individual market
Sends an open letter to legislators
1/9/2008 Medical malpractice premiums for doctors plummet
Doctors benefiting from company's record profits
1/8/2008 Kreidler seeks to regain authority over individual health plans
Legislature asked to restore regulatory oversight
1/3/2008 Multi-state examination of HealthMarkets, Inc. reveals multiple problems
Problems include consumer disclosure, oversight and training of agents


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