Woman convicted of insurance fraud in King County after CIU investigation

03/02/2023

OLYMPIA, Wash. — An Edmonds woman pled guilty to committing insurance fraud after an investigation completed by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit (CIU).

Eden Gebru pled guilty to the charge of false claims or proof on February 23 in King County Superior Court. Her jail sentence was suspended, but she was ordered to serve 24 months’ probation, complete 80 hours of community service, and pay $500 in court fees. 

Gebru was involved in a two-vehicle collision in Shoreline in September of 2021. She told the other driver that she had valid…

OIC Deputy Commissioner Scott Kipper to lead Nevada Division of Insurance

02/23/2023

OLYMPIA, Wash. — Scott Kipper, the Office of the Insurance Commissioner’s Deputy Commissioner for Operations, is leaving the OIC to lead the Nevada Division of Insurance. Kipper’s last day with the OIC is Friday, February 24. 

Washington Insurance Commissioner Mike Kreidler thanked Kipper for his work in the Evergreen State and congratulated him on his new role.

“Scott has been a reliable and knowledgeable member of our Executive Management Team,” Kreidler said of Kipper, who joined the OIC in March of 2022. “We will miss his steady hand and his confident…

Kreidler issues $11,000 in fines for violations in January

02/01/2023

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.

Unauthorized Insurers

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. …

New report on utilities’ liability market reveals increased costs, coverage exclusions

01/19/2023

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…