What does the WA insurance commissioner do?

What does the WA insurance commissioner do?

The Office of the Insurance Commissioner, headed by Commissioner Mike Kreidler, oversees Washington state’s insurance industry to protect consumers and make sure that companies, agents and brokers follow the rules.

How do I contact the Washington State Insurance Commissioner?

Need More Help?

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

What can an insurance commissioner do?

Duties and powers of insurance commissioners The purpose of insurance commissioners is to maintain fair pricing for insurance products, protecting the solvency of insurance companies, preventing unfair practices by insurance companies, and ensuring availability of insurance coverage.

How much does the Washington State Insurance Commissioner make?

The commission decided last October to boost the salary of the insurance commissioner to $137,700, up from $132,600. “State government, like businesses in Washington, are facing tough financial conditions resulting from the coronavirus pandemic,” Kreidler said.

Who is the current Washington State insurance commissioner?

Mike Kreidler
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.

Who is over the insurance companies?

CDI enforces the insurance laws of California and has authority over how insurers and licensees conduct business in California.

Who is the current Washington State Insurance Commissioner?

What is the salary of the Washington State Governor?

Executive Branch

Position Current Salary Salary Effective 7/1/2021
Governor 187,353 187,353
Lieutenant Governor 117,300 117,300
Secretary of State 134,640 134,640
Treasurer 153,615 153,615

Who is the current insurance commissioner?

Dennis B. Funa
Funa is a Filipino lawyer, businessman, public official, law book author, professor of law, constitutionalist, and the current Commissioner of the Philippines’ Insurance Commission. As a Filipino lawyer, he is the managing partner of a Metro Manila based law firm.

What are the duties of an insurance commissioner?

Duties and powers of insurance commissioners. The purpose of insurance commissioners is to maintain fair pricing for insurance products, protecting the solvency of insurance companies, preventing unfair practices by insurance companies, and ensuring availability of insurance coverage. In order to accomplish these goals,…

Who is the Washington Commissioner of insurance?

The Washington state Office of the Insurance Commissioner , led by Commissioner Mike Kreidler, protects insurance consumers. It also oversees the insurance industry, ensuring that companies follow the rules and Washington consumers get what they pay for.

Who is Hawaii State Insurance Commissioner?

HAWAII INSURANCE COMMISSIONER GORDON ITO ELECTED AS 2018 NAIC OFFICER. HONOLULU – Members of the National Association of Insurance Commissioners (NAIC) have elected Hawaii Insurance Commissioner Gordon Ito to serve as Secretary-Treasurer starting Jan. 1, 2018.

Who is the Office of the Commissioner of insurance?

An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with his or her office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.

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