Who Is The Insurance Commissioner Of Washington State? (Solved)

Mike Kreidler is Washington’s eighth insurance commissioner. A former member of Congress, he was first elected as insurance commissioner in 2000. He was re-elected to a sixth term in 2020.

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  • The Washington State Office of the Insurance Commissioner was created in 1889–90, and became a separate agency in 1907 with an elected commissioner. The current commissioner is Mike Kreidler, a Democrat first elected in 2000 and reelected four times.

How do I contact the Washington State insurance commissioner?

Need More Help?

  1. Call us at 800-562-6900.
  2. Contact the insurance commissioner.

Is the Washington state insurance commissioner an elected position?

Our main function was to register insurers doing business in Washington state. In 1907, we became a separate agency and the people of Washington elected their first insurance commissioner. Insurance commissioners are elected every four years.

Who is in charge of insurance companies?

A: The California Insurance Commissioner and his staff at the Department of Insurance, (“CDI”) are in charge of regulating insurance companies, agents, brokers, and public adjusters doing business in this state. There are laws and regulations in California that protect consumers against unfair insurance practices.

What is the role of the insurance commissioner?

What does an insurance commissioner do? Insurance commissioners act as advocates for consumer protection, regulators of insurance, and educators who are able to provide consumers with information that pertains to the insurance system within a particular state.

Who regulates insurance claims?

1. Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under an Act of Parliament, i.e., Insurance Regulatory and Development Authority Act, 1999 (IRDAI Act 1999) for overall supervision and development of the Insurance sector in India.

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Who regulates the insurance industry in the US?

The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories.

Who is ultimately responsible for the contents of insurance advertising?

All advertisements, regardless of by whom written, created, designed or presented, are the responsibility of the insurer whose policies are adver- tised — even if they aren’t directly aware of them. Every insurer must maintain a system of control over the content, form and method of distribution of all advertisements.

How much does an insurance commissioner make?

The salaries of Insurance Commissioners in the US range from $68,600 to $187,200, with a median salary of $175,110. The middle 50% of Insurance Commissioners makes $111,040, with the top 75% making $187,200.

What is the basic mandate of the insurance Commission?

Pursuant to the mandate of the Insurance Commission to assist the general public on matters relating to insurance and pre-need, a total of about 24,871 claims, cases, complaints, disputes, inquiries and mediations were acted upon within the prescribed period in 2015.

How many insurance commissioners are elected?

The position is elected in 11 states and appointed in 39. Insurance regulation is one of the older state government functions, with most states having insurance departments dating back to the late 19th century. Generally speaking, their role has not changed much since then.

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