2005 News Release Archive

12/20/2005 Insurance Commissioner approves sale of Washington health insurer
  PacifiCare sale part of national merger

12/9/2005 Public meeting scheduled on health care merger request
  National merger involves Washington-based company

12/8/2005 Transcript from hearing on health carrier surplus
  Link to TVW's transcript of hearing on health carrier surplus

11/22/2005 Public hearing Dec. 8 on regulating health carrier surplus
  Kreidler to hear from carriers and the public Dec. 8 on regulating health insurer surplus.

Formal presentations from Dec. 8 hearing: Overview of financial solvency requirements and Current health of WA health market.


11/17/2005 Investigation uncovers possible additional benefits for MEGA policyholders
  Nearly 10,000 MEGA Life and Health policyholders may be entitled to additional coverage for doctor visits.

11/17/2005 New on-line license service offered to agents, brokers
  Ability to print licenses from personal computers latest on-line service for agents and brokers

11/2/2005 Court to hear Premera's appeal of Kreidler's for-profit denial
  Oral arguments slated in Tacoma on Premera appeal

11/2/2005 Washington joins national title insurance settlement
  Nearly 600 Washington consumers to share in $2.5 million settlement

10/21/2005 We helped Ethel Adams with her claim, maybe we can help you!
  So far this year we’ve recovered nearly $10 million for insurance consumers

10/7/2005 Petition order filed to liquidate Cascade National Insurance Company
  Kreidler filed a petition in Thurston County Superior Court today to liquidate the Bellevue-based insurer, Cascade National

10/4/2005 Second Annual Medical Malpractice Insurance Report Released
  The second annual medical malpractice insurance survey was released today by Insurance Commissioner Mike Kreidler.

9/21/2005 Washington signs multi-state agreement with Marsh settling fraud charges
  Washington Insurance Commissioner Mike Krediler headed effort to reach national settlement with nation's largest insurance broker

9/19/2005 Katrina evacuees getting insurance help in Washington.
  Insurance Commissioner fielding calls from Katrina victims

8/22/2005 Sale of KPS Health Plans to Group Health approved
  $19 million sale affects approximately 55,000 subscribers in Kitsap area.

8/16/2005 Washington now accepting electronic agent appointments and terminations through national database
  Service limited at this time to currently licensed agents.

8/9/2005 Washington investors to receive restitution
  An estimated 400 Washington investors may benefit from a national brokerage firm's settlement for unlawful sales practices.

7/29/2005 Company ordered to stop selling illegal health insurance
  The Office of the Insurance Commissioner (OIC) has issued a cease and desist order against Evolution Services, Inc. of South Jordan, Utah for selling illegal health insurance in Washington.

7/27/2005 Approval sought for sale of PacifiCare of Washington in national merger
  Sale would affect four companies licensed in Washington

7/21/2005 Largest medical malpractice carrier refunds premium
  2,400 providers receiving $900,000

7/18/2005 Court date set for proposed sale of KPS Health Plans
  Sale would allow health insurer to emerge from receivership

7/15/2005 Kreidler approves sale of KPS to Group Health Cooperative
  Bremerton-based company to emerge from receivership after six years

7/15/2005 Insurance Commissioner soliciting proposals for consultants
  Consultant will assist agency with health care insurance reform, and other issues

7/1/2005 Fingerprinting fees increased for agents and brokers
  $5 increase due to added processing charges

6/30/2005 New credit scoring rule takes effect July 1
  Insurers must tell consumers why credit history affects insurance

6/29/2005 Kreidler attacks federal proposal on individual health coverage
  Labels bill "an open invitation to fraud and abuse"

6/15/2005 Idaho health insurer ordered to halt Washington operations
  For misrepresenting products, and failing to meet licensing and certification requirements

6/3/2005 OIC to review request to merge insurance companies
  Agency's approval needed for merger

5/26/2005 Insurance Commissioner soliciting proposals for market analysis program
  New program would coincide with agency’s redesigned computer system

5/23/2005 Washington clients eligible for $14 million from Marsh settlement
  More than 15,000 clients qualify for settlement offers

5/18/2005 New law allows earlier intervention by Insurance Commissioner
  Bill will benefit financially distressed insurance companies

5/12/2005 Become a SHIBA HelpLine volunteer today, help 800,000 of your neighbors
  Medicare's new prescription drug program is coming. Become a volunteer and help make a difference.

5/11/2005 Employers will no longer profit from death of workers under new “dead peasant” law
  Law bans exploitative life insurance practice. View the law.

4/6/2005 KPS offered for sale to Group Health Cooperative
  Bremerton-based insurer to maintain local identity, operations. View Q&A and other information ...

3/31/2005 Consumers gain credit insurance protections on April 1
  New rule designed to enhance disclosure, provide more reasonable rates

3/25/2005 Western United offered for sale in packaged deal
  Best option for policyholders, Metropolitan creditors, taxpayers. Questions & answers

3/22/2005 Kreidler ends medical malpractice program
  Improving market, coverage availability cited

3/22/2005 Report on liability insurance markets released
  Insurance Commissioner Mike Kreidler's report addresses availability and affordability of liability insurance in specific markets. Read the report.

3/9/2005 MEGA ordered to stop selling certain insurance policies in Washington
  For failing to provide benefits required by law

3/2/2005 Largest medical malpractice insurer ordered to refund $1.3 million
  Nearly 2,500 physicians affected

3/1/2005 Medical malpractice insurance report released
  Analyzes trends in medical malpractice claims

2/7/2005 Kreidler kicks off National Consumer Protection Week with new Web feature, “Ask Mike”
  "Ask Mike" for answers to your insurance questions

1/10/2005 Hearing set for Western National transfer request
  Hearing scheduled for Monday, Jan. 31, 2005

1/5/2005 Kreidler signs credit insurance regulation
  New rule strengthens consumer protections

Petition order filed to liquidate Cascade National Insurance Company
  Insurance Commissioner Mike Kreidler filed a petition in Thurston County Superior Court today to liquidate the Bellevue-based insurer, Cascade National.


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