Insurance Commissioner Mike Kreidler News

Washington Premium Change Transparency Rule Kicks in June 1

Insurance will be required tell policyholders why their premiums have gone up staring June 1. A new rule by Washington state Insurance Commissioner Mike Kreidler first requires insurers to provide an answer on why premiums have gone up, and in …

Former Washington Insurance Producer Pleads Guilty to Theft and Money Laundering

A Selah, Washington man pled guilty to first-degree theft and money laundering after an investigation by Insurance Commissioner Mike Kreidler’s Criminal Investigation Unit. Jason Eaton was sentenced to 60 days of electronic home detention and ordered to pay $100 restitution …

Washington Man Wanted for Auto Insurance Fraud

Vincent Labarbera, of Vancouver, Wash., has been added to Insurance Commissioner Mike Kreidler’s most wanted after he failed to appear in Clark County Superior Court to face felony charges of filing a false insurance claim and attempted first degree theft. …

Date on Bike Receipt Outs Washington Woman’s Insurance Fraud

The fine details on a receipt for a mountain bike tripped up a would-be fraudster. Kristin Wright, of Everett, Wash., pleaded guilty in Snohomish County Superior Court to a gross misdemeanor count of filing a false insurance claim on her …

Obamacare Insurers Struggle to Set Plans Amid Threats to Program

Obamacare is stuck in limbo, and insurers and state regulators are struggling to set their plans for what’s increasingly shaping up as a chaotic year for the health-care program. After the failure of Republicans’ first attempt to repeal and replace …

Regulator Takes Focus on Climate Change Preparedness

With a calm demeanor and in a somewhat scientific tone he doesn’t mind using while explaining his stance on something, Mike Kreidler stood by his decision to call out the insurance industry and the rest of the nation’s insurance commissioners …

Washington Commissioner Fines Producers More Than $24,000

Insurance Commissioner Mike Kreidler in March disciplined and issued fines totaling $24,250 against insurance companies, agents and brokers who violated state insurance regulations. Insurance companies Unitrin Auto and Home Insurance Co., Jacksonville, Fla.; fined $20,000 Unitrin issued insurance policies using …

Cellphone Records Call Up Fraud Against Washington Woman

An investigation by Washington Insurance Commissioner Mike Kreidler’s office has resulted in charges of theft and fraud against a Tacoma woman who attempted to collect insurance money for a car she claimed was stolen and destroyed in a fire. Donica …

Washington Fines 4 Insurance Companies For Overcharging

Insurance Commissioner Mike Kreidler is fining four insurance companies for overcharging consumers in Washington state. Kreidler’s office said Tuesday that Hartford Accident and Indemnity Co., Hartford Casualty Insurance Co., Hartford Insurance Co. of the Midwest, and Trumbull Insurance Co. have …

Former Agent in Washington Sentenced For Stealing $1 Million-Plus From Clients

A former insurance agent who stole more than $1 million from elderly clients has been sentenced to 75 months in prison. Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance commissioner’s Special Investigations Unit found …