News Archive

OLYMPIA, Wash. — Registration and the meeting agenda are now available for Insurance Commissioner Mike Kreidler’s July 17 workshop on the rising number of auto and homeowners insurance complaints. 

The workshop, scheduled from 11 a.m. to 1 p.m. virtually on Zoom, will provide a public forum for representatives from the insurance industry, national and regional repair professionals, claim experts, and consumers to share their expertise and experiences. The workshop is scheduled to end at 1 p.m., but the Zoom meeting will stay live until every member of the public who wants to…

OLYMPIA, Wash. — Washington state Insurance Commissioner Mike Kreidler sent out his annual Climate Risk Disclosure survey on June 30, requiring insurance companies with more than $100 million in written premiums in the United States in 2022 to respond. 

“This survey is a continuation of the work my office, and my fellow insurance regulators, have done to strengthen the industry to meet the threats presented by climate change,” Kreidler said. “The information we gather in this survey will benefit both the industry and consumers in a meaningful way.”

The current version…

OLYMPIA, Wash. — Insurance Commissioner Mike Kreidler issued fines in June totaling $40,863 against insurance companies and insurance producers who violated state insurance laws and regulations.

Drico Insurance Company, Salt Lake City, Utah; fined $1,000 (order 23-0133).

Christian Care Ministry, Melbourne, Fla.; fined $33,363 (order 22-0132).

OLYMPIA, Wash. — Washington state Insurance Commissioner Mike Kreidler has adopted a rule that requires insurance companies to explain premium increases to their policyholders in language they can understand. 

“If your insurance company is going to increase your premium, you have a right to know why,” Kreidler said. “This is pretty basic information you should expect from your insurance company, but we hear from hundreds of consumers every year who cannot get a clear, understandable answer on why they’re being charged more.”

When consumers’ auto or homeowners insurance…