News Archive

OLYMPIA, Wash. — Insurance Commissioner Mike Kreidler issued fines in January totaling $11,000 against insurance companies, producers, brokers, and individuals who violated state insurance laws and regulations.

DNProtect, Epik Holdings Inc., Epik Inc., and Rob Monster, Bellevue, Wash.; fined $10,000 (order 22-0671). 

Epik Inc., which registers internet domain names, solicited and advertised “domain name insurance” or “domain ownership coverage” — offered by DNProtect — without authorization to sell insurance in the state of Washington. …

OLYMPIA, Wash. — The Office of the Insurance Commissioner (OIC) recently delivered a report to the state Legislature and Governor on the liability insurance market for electric utilities in Washington. 

The OIC worked with the Utilities and Transportation Commissioner and Department of Commerce to survey 36 utilities on the availability and affordability of liability coverage. Most did not report any challenges in obtaining coverage over the past five years. This type of insurance provides a utility with liability coverage if it causes an injury or damage to someone’s…

OLYMPIA, Wash. — Insurance Commissioner Mike Kreidler issued fines in December totaling $55,500 against insurance companies, producers, brokers, and individuals who violated state insurance laws and regulations.

LifeWise Assurance Company, Mountlake Terrace, Wash.; fined $25,000 (order 22-0672).

OLYMPIA, Wash. — This fall, Insurance Commissioner Mike Kreidler contracted with Communications Resources NW to assess the Office of the Insurance Commissioner’s (OIC) workplace culture. He felt an independent evaluation of the OIC’s culture, and the agency leadership’s role in developing the culture, was important after a tumultuous year. 

The assessment also considered the OIC’s results from the state Employee Engagement Survey, conducted annually by the Office of Financial Management. The final report was not intended to be a report card, but to help the agency understand…