Washington Insurance Commissioner Mike Kreidler News

U.S. Insurance Regulator Hosting Another Climate Summit

A report from the Mortgage Bankers Association says there’s little doubt that climate change will impact housing and the housing finance industry, and while just how great that impact will be is as of yet unknown, the authors take a …

Washington Commissioner Fines Aetna for Discriminating Against Transgender Women

Washington Insurance Commissioner Mike Kreidler this month fined Aetna Life Insurance Co. $25,000 for discriminating against policyholders who sought gender-affirming medical treatment. In June 2019, a Washington consumer filed a complaint with Kreidler’s office that Aetna, a health insurer, denied …

Washington Commissioner Wants Auto Claims, Rebate Data from Insurers

Washington Insurance Commissioner Mike Kreidler issued a data call of 124 auto insurance companies for recent rebates given to policyholders during the COVID-19 pandemic. Kreidler is requesting claims data for private passenger auto claims from 2016 to 2020 and how …

Washington, California Urge Insurers to Adopt Task Force Climate Reporting Guidelines

Washington Insurance Commissioner Mike Kreidler and California Insurance Commissioner Ricardo Lara are askikng all insurers that are currently required to report to them annually on climate change to start reporting their climate risks in alignment with the Task Force on …

Washington Commissioner’s Captive Insurer Bill Signed into Law

A bill to provide a framework to captive insurers doing business in Washington became law after Gov. Jay Inslee signed the legislation on Wednesday. Second Substitute SB 5315, which was requested by Insurance Commissioner Mike Kreidler and sponsored by Sen. …

50-Plus Insurers Met Deadline to Comply With Washington’s Credit Rule

Washington Insurance Commissioner Mike Kreidler announced today that more than 50 insurance companies met the May 6 deadline to file rating plans that comply with his emergency rule to temporarily prohibit the use of consumers’ credit scores. A temporary ban …

Kreidler Urging Other Insurance Commissioners to Ban Use of Credit Scores

Now that Washington Insurance Commissioner Mike Kreidler’s credit scoring ban has passed a key legal hurdle, he’s urging his colleagues in other states to consider similar actions. A Thurston County Superior Court judge on April 23 allowed Kreidler’s emergency rule …

Washington Commissioner: Deadline for Insurers to Comply Credit Scoring Rule is May 6

Washington Insurance Commissioner Mike Kreidler is reminding insurance companies of the May 6 deadline to file rating plans that comply with his emergency rule to temporarily prohibit the use of consumers’ credit scores. A Thurston County Superior Court judge on …

Judged Rules for Washington Insurance Commissioner on Credit Scoring Ban

A Thurston County Superior Court judge on Friday denied an insurance industry request to halt an emergency rule that temporarily bans the use of insurance credit scoring in Washington. The ruling that rejected a request for a preliminary injunction maintains …

Suit Pitting Insurers Against Washington Commissioner Getting Heard

A case pitting several insurer groups against Washington Insurance Commissioner Mike Kreidler is set to be heard on Friday morning. The Independent Insurance Agents and Brokers of Washington, the Professional Insurance Agents of Washington and the American Property Casualty Insurance …