For Consumers

Kreidler disciplines, fines insurance professionals $36,250 for law violations

Contact Public Affairs: 360-725-7055

November 21, 2017

OLYMPIA, Wash. – Insurance Commissioner Mike Kreidler issued fines in October totaling $36,250 against insurance companies, agents and brokers who violated state insurance regulations.

 

United Healthcare of Washington, Inc., Seattle; fined $4,500, order 17-0122

United Healthcare Insurance Co., Wilmington, Del.; fined $4,500, order 17-0123

The companies were fined because they failed to file their prescription drug formularies on time from the second quarter of 2014 through 2016. 

United States Fire Insurance Co., Wilmington, Del.; fined $10,000, order 17-0157

The company was fined for issuing student accident policies with an amendatory endorsement that was not filed with or approved by the insurance commissioner.  

Guardian Life Insurance Co. of America, New York City; fined $2,500, order 17-0178

The company was fined for not filing its insurance rates on time. 

Aetna Life Insurance Co., Hartford, Conn.; fined $2,500, order 17-0179

The company was fined for not filing its insurance rates on time. 

Health Net Health Plan of Oregon, Tigard, Ore.; fined $1,000, order 17-0239

The company was fined for charging rates that differed from rates the insurance commissioner approved. As a result, 25 people were undercharged more than $2,015 in premiums and four people were overcharged $11 total.  

Union Fidelity Life Insurance Co., Overland Park, Kan.; fined $6,000, order 17-0257

The company was fined for charging rates that were not approved by the insurance commissioner. The rates affected six policyholders who had a Medicare supplemental plan, and all but one were undercharged. One policyholder was overcharged $70 for one year, and the company agreed to refund the consumer plus interest. 

Jackie Anderson, Montevideo, Minn.; fined $250, order 17-0329

Anderson was fined because she failed to report an administrative action by another state within the required time. 

Cambridge Investment Research Inc., Fairfield, Iowa; fined $250, order 17-0289

The insurance agency was fined because it failed to report an administrative action by the federal government within the required time. 

Ian A. Davis, Vancouver, Wash.; fined $500, order 17-0268

Davis, a licensed insurance producer, was fined for altering information in his own application for auto insurance to get a lower premium and obtain a policy he was not qualified to receive. PEMCO terminated his appointment as an insurance producer.

Denali Alaskan Insurance LLC, Anchorage, Alaska; fined $250, order 17-0279

The insurance agency was fined because it failed to report an administrative action by another state within the required time. 

Escrow One, Inc., Seattle; ordered to cease and desist, order 17-0385

The insurance commissioner ordered Escrow One to stop selling title insurance and soliciting customers without a license, both of which are against Washington state law. 

Brad Fisher, Kenmore, Wash.; issued probationary license, order 17-0331

Fisher was issued a probationary insurance producer license for failing to pay taxes and incurring IRS debt. The probationary license will be lifted when the debt is repaid and as long as he complies with state insurance laws and rules. 

Marjorie Evelyn Garner, Renton, Wash., fined $500, order 17-0282

Garner was fined for failing to disclose her criminal history on an insurance producer license application.

National Alliance for Insurance Education & Research, Austin, Texas; fined $200, order 17-0340

The continuing education provider was fined for submitting its course rosters late.

National Structured Settlements Trade Association, Oviedo, Fla.; fined $300, order 17-0339

The continuing education provider was fined for using an attendance register that did not contain the information required by state law.  

National Warranty Corp., Springfield, Ore.; fined $250, order 17-0349

The company was fined for advertising services on its website that it is not authorized to sell in Washington state.

North Meridian Title & Escrow LLC, Wenatchee, Wash.; fined $1,000, order 17-0332

The title insurance company was fined for filing an annually required report late two years in a row. 

Olympia Investors LLC, Seattle; ordered to cease and desist, order 17-0312

The insurance commissioner ordered Olympia Investors to cease and desist from selling insurance illegally. A consumer filed a complaint with the insurance commissioner about the agency after receiving a fake certificate of insurance. The consumer reported a total loss of $35,000 in dealings with the phantom company. 

Peoples Insurance Agency LLC, Marietta, Ohio; fined $250, order 17-0280

The insurance agency was fined because it failed to report an administrative action by another state within the required time. 

Clarissa Ramos, Campbell, Calif.; fined $250, order 17-0278

Ramos was fined because she failed to report an administrative action by another state within the required time. 

Habib Rashidi, Bellevue, Wash.; license relinquished, order 17-0296

In 2015, the insurance commissioner placed Rashidi’s insurance producer license into probationary status for not providing adequate proof of recordkeeping. Rashidi didn’t follow the conditions of the probationary license and has stopped selling insurance. He agrees to relinquish his license in lieu of a revocation.

Ten 250 Corp., San Francisco; fined $250, order 17-0328

The insurance agency was fined because it failed to report an administrative action by another state within the required time. 

Frank Bruce Thompson, Scottsdale, Ariz.; fined $250, order 17-0330

Thompson was fined because he failed to report an administrative action by another state within the required time. 

John A. Witherspoon, Franklin, Tenn., fined $250, order 17-0228

Witherspoon was fined because he failed to report an administrative action by another state within the required time. 

Servicemaster of Seattle #23825, Woodinville, Wash.; fined $500, order 17-0230

The continuing education provider was fined because it failed to keep its records for three years as required by state law and it didn’t use an attendance register as required by state law. 

About the Office 

Kreidler’s office oversees Washington’s insurance industry to ensure that companies, agents and brokers follow state laws. Since 2001, Kreidler has assessed more than $22 million in fines, which are deposited in the state's general fund to pay for other state services. 

The Office of the Insurance Commissioner publishes disciplinary orders against companies, agents and brokers. Consumers can also look up complaints against insurance companies. 

For an insurance question or complaint, contact Kreidler’s consumer advocates online or by phone at 800-562-6900.