OLYMPIA, Wash. — A senate bill proposing a study of the impact of rating factors, including credit history passed out of committee in the Washington State Senate on Thursday.

Senate Bill 5589, proposed by Washington State Insurance Commissioner Patty Kuderer and sponsored by Sen. Bob Hasegawa (D – Seattle), requires Kuderer’s office to conduct a study on how insurance companies use credit history, credit-based insurance scores and other rate factors that may have disparate impacts on Washington residents. The study would also explore alternatives to credit scoring that companies…

OLYMPIA, Wash. — Legislation (Senate Bill 5331) giving Washington’s Insurance Commissioner the authority to order restitution for harmed policyholders was voted out of the state’s Senate Business, Financial Services and Trade Committee today.

Currently, the Insurance Commissioner can fine insurance companies or professionals that violate the law but cannot order them to pay restitution to the people they’ve victimized.  

“The Office of the Insurance Commissioner is a quasi-legal and quasi-judiciary agency with our own administrative law judge and law enforcement…

Edward Hadley

OLYMPIA, Wash. — A King County judge issued a bench warrant on January 15 for Edward Hadley, a former Seattle insurance agent charged with stealing more than $400,000 in premiums from his clients. 

Hadley was charged with nine counts of first-degree theft after investigations by the Office of the Insurance Commissioner’s Legal Affairs and Criminal Investigations units. The King County Prosecutor’s Office filed charges, and the warrant was issued after he failed to appear in court.

Between December 2020 and November 2021, Hadley deposited 21 checks…

OLYMPIA, Wash. — Washington state Insurance Commissioner Patty Kuderer advises anyone seeking health insurance to confirm they’ve purchased coverage from a reputable company. The word of caution comes after a long investigation into Seguro Medico — which did business under a host of different names, primarily Quick Health — and testimonies from over 120 of the company’s victims. 

The victims filed complaints with the Office of the Insurance Commissioner (OIC) about Quick Health’s fraudulent business practices, which included failing to refund customers for cancelled plans,…