Washington Insurance Commissioner Mike Kreidler News

Gellermann Named Chief Deputy Commissioner in Washington

Washington Insurance Commissioner Mike Kreidler has named AnnaLisa Gellermann chief deputy commissioner. She begins Aug. 27. Gellerman is currently the deputy commissioner for the policy and legislative affairs division. She joined the insurance commissioner’s ofice in 2013 as the deputy …

Washington Orders Microsoft to Stop Using Captive Insurer

Washington’s insurance commissioner issued a cease and desist order against Microsoft Corp. to stop using its Arizona-domiciled captive, Cypress Insurance Co. Insurance Commissioner Mike Kreidler’s cease and desist order is for without holding a certificate of authority, placing unauthorized insurance …

Former Insurance Producer in Washington Pleads Guilty to Felony Theft

Former insurance producer Matthew Gingerich, 37, of Centralia, Wash., recently pleaded guilty to first-degree theft in Lewis County Superior Court. Gingerich was accused of misappropriating more than $30,000 in consumers’ premium payments. He is set to serve 90 days of …

Washington Commissioner Fines GEICO $30K for Raising Premiums on People Who Froze Credit Scores

Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $49,200 against insurance companies, agents and brokers who violated state insurance regulations. The biggest fine was $30,000 against GEICO for not properly notifying consumers whose premiums it raised because they …

Washington Commissioner’s Order that Zenefits Charge for Software Upheld

An administrative ruling has upheld Washington Insurance Commissioner Mike Kreidler’s order that California-based Zenefits must charge for its cloud-based human resources and benefits software. In August 2016, Kreidler ordered Zenefits to cease free distribution of the software, arguing that doing …

U.S. Cities Ranked Most Vulnerable to Coastal Floods Due to Climate Change

This week is the anniversary of Superstorm Sandy, which developed in late October and moved over the East Coast starting on Oct. 29, 2012, causing more than $70 billion in damage and killing 280 people. To mark that anniversary, Climate …

Washington Commissioner Fines Insurance Professionals over Violations

Washington Insurance Commissioner Mike Kreidler recently took disciplinary action and issued fines totaling $3,650 against insurance companies, agents and a continuing education provider who violated state insurance regulations. Janet Pack, Tacoma; fined $1,500 Pack reportedly sold an annuity to a …

Washington Commissioner Supporting Strict Distracted Driving Bills

Washington Insurance Commissioner Mike Kreidler is advocating for two distracted driving bills that the state Legislature is considering. House Bill 1371, sponsored by Rep. Jessyn Farrell, and Senate Bill 5289, sponsored by Sen. Ann Rivers, would make the law about …

Washington Insurance Commissioner Fines State Farm, Others

Washington Insurance Commissioner Mike Kreidler issued fines in January totaling $15,000 against insurance companies, agents and brokers for violating state insurance regulations. Following are the entities, the fines and Kreidler’s reasoning for issuing those fines: State Farm Fire & Casualty …

Kreidler Revokes Licenses of Washington Agency, Issues Fines to Others

Washington Insurance Commissioner Mike Kreidler issued fines in November totaling $63,550 against insurance companies, agents and brokers who violated state insurance regulations, including revoking the licenses of one producer. Following are fines and punitive steps Kreidler took in November and …