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OLYMPIA, Wash. — Sovereign Nations Insurance, LLC, has signed a settlement agreement with Insurance Commissioner Mike Kreidler and has agreed to cease its operations in Washington state. 

Kreidler ordered Sovereign Nations to stop selling unauthorized insurance products in Washington last year, issuing a cease-and-desist order on December 20. The company requested a hearing in response.   

Per the settlement agreement, signed on November 1, the company will end all insurance business in Washington and not re-enter the state insurance market. In return,…

The annual open enrollment period for Washington state’s individual health insurance market begins November 1, 2023, and runs through January 15, 2024. 

Health coverage selected during open enrollment goes into effect on January 1, 2024, for plans selected by December 15. Washington residents can preview qualified health and dental plans through Washington Healthplanfinder — including plan offerings and prices — through October 30. 

“We have a robust health insurance market,” said Washington state Insurance Commissioner Mike Kreidler. “Given the annual changes in…

OLYMPIA, Wash. — Insurance Commissioner Mike Kreidler has imposed a $500,000 fine against UnitedHealthcare Insurance Company (UHIC) for failing to demonstrate how it administers its mental health and substance use disorder benefits in accordance with state and federal laws. Half of the fine — $250,000 — is suspended, pending adherence to a compliance plan.

“We expect companies to deliver critical benefits to consumers who need them, without barriers, and to demonstrate their compliance when asked,” Kreidler said. “If they cannot do so, we will hold them accountable.”

UHIC…

OLYMPIA, Wash. — Washington state Insurance Commissioner Mike Kreidler thanked insurance companies and adjusters for their diligent work with communities impacted by the Gray and Oregon Road fires outside Spokane in late August.

Kreidler also stressed the importance of adhering to the communications standards between insurance companies and policyholders set forth in state law.

“The admirable work performed by insurers and adjusters hasn’t gone unnoticed,” Kreidler said. “The recovery process from these two devastating, tragic fires will be a long one, and communication is…