Washington Insurance Commissioner Mike Kreidler News

Washington Court Grants Extended Stay of Insurance Commissioner’s Credit Scoring Ban

A judge in Washington has signed an order formally staying the Washington Insurance Commissioner Mike Kreidler’s ban on using credit ratings to help set insurance premiums on vehicle, rental and homeowners insurance. The order consolidated two cases into Judge Indu …

Washington Insurance Commissioner Accused of Mistreating Staff

Washington state Insurance Commissioner Mike Kreidler is facing allegations that he verbally mistreats staff and has grown increasingly volatile in recent months, leading to high turnover in the office. The Northwest News Network reported that a top staffer, legislative director …

Court Issues Stay on Washington Insurance Credit Scoring Ban

A Washington judge issued a stay on a rule banning the use of credit scoring by insurers in that state, and consolidated cases challenging the ruling, until the merits of the cases are decided. The rule handed down from Insurance …

People Moves: California FAIR Plan Makes Roach President; Wood Named Washington Chief Deputy Commissioner

Victoria Roach has been appointed by the California FAIR Plan’s executive committee to serve as the association’s next president. Roach will assume the new role on March 1, succeeding Anneliese Jivan, was president of the FAIR Plan since 2009 and …

Washington Commissioner Adopts 3-Year Credit Scoring Ban, Proposes Transparency Rule

Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto, homeowner and renter insurance for three years. Kreidler’s rule temporarily banning credit scoring will be in effect starting March 4 through three …

People Moves: Willis Towers Watson Names Shay Head of Risk & Broking for West; Dietzler Becomes Washington’s Chief Deputy Commissioner

Willis Towers Watson appointed Chuck Shay head of risk & broking for the Western region of North America. Shay has more than 25 years of experience. Shay previously led the Willis Towers Watson FINEX practice in both the Midwest and …

Washington Insurance Commissioner Pursues January Date for Rule to Ban Use of Credit Scores

Washington Insurance Commissioner Mike Kreidler says he will seek an effective date of Jan. 1, 2022 for a permanent rule to temporarily ban the use of credit scores for insurance policies for three years. Kreidler’s emergency order prohibited insurers from …

‘Lost’ Rolex Watch Turns Up at Washington Jeweler, Owner Faces Fraud Charge

Christopher Michalke, of Seattle, Wash., was charged in King County Superior Court with one felony count of filing a false insurance claim for a $14,753 Rolex watch after an investigation by Insurance Commissioner Mike Kreidler’s criminal investigations unit. Michalke is …

Washington Judge Shoots Down Insurance Commissioner’s Credit Scoring Ban

A judge in Washington ruled in favor of the insurance industry’s argument against Washington Insurance Commissioner Mike Kreidler’s emergency rule temporarily banning use of credit scoring. Kreidler’s emergency order prohibited insurers from using a consumer’s credit score to price auto, …

Report: A Fifth of U.S. Insurance Company Board Members Have Worked in Fossil Fuel Industry

A report out Thursday from a climate change advocacy group alleges that more than one-fifth of U.S. insurance company board members have worked for the fossil fuel industry, and that two-thirds of all U.S. insurance company board members are “climate …