February 1, 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.
Producers & brokers
- Petronilla Sefo McKenzie, Mission Hills, Calif.; fined $250 (order 23-0009).
- Benefit Group Inc., Bloomfield Hills, Mich.; fined $250 (order 23-0006).
- Evergreen Financial Group Inc., Camas, Wash.; fined $250 (order 22-0712).
- Coastal Community Bank, Everett, Wash.; fined $250 (order 23-0706).
About the Office
Kreidler’s office oversees Washington’s insurance industry to ensure that individuals, companies, agents and brokers follow state laws. Since 2001, Kreidler has assessed more than $38 million in fines, which are directed to the state’s general fund to pay for 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, you may contact Kreidler’s consumer advocates online or by phone at 800-562-6900.