OLYMPIA, Wash. – Insurance Commissioner Mike Kreidler has shared a draft rule that requires all property and casualty insurers selling personal lines of insurance — including auto, homeowners and renters insurance — to give their policyholders a simple breakdown of the reasons behind any future premium change.
Consumers often contact Kreidler’s office when they receive a premium increase and their insurer hasn't given them a clear explanation why. In many cases, their insurer told them the inability to use credit scoring was driving up their premium. But when…