Washington Insurance Commissioner Mike Kreidler issues $55,500 in fines – InsuranceNewsNet

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January 23, 2023 Regulation News No comments
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Washington Insurance Commissioner Mike Kreidler issues $55,500 in fines

By Press Release

Insurance Commissioner Mike Kreidler issued fines in December totaling $55,500 against insurance companies, producers, brokers, and individuals who violated state insurance laws and regulations.

Insurance companies

LifeWise Assurance Company, Mountlake Terrace, Wash.; fined $25,000.

LifeWise didn’t provide the required transparency tools for student insurance plans, failed to explain the internal review officer will accept additional information for up to five business days, and failed to process two appeals within the required 30-day timeframe.

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Aetna Life Insurance Company, Hartford, Conn.; fined $25,000. Aetna violated state rules by denying 7,867 insurance claims for personal protective equipment.

Insurance educators

FPA of Oregon and SW Washington, Provider #30333; fined $750.

FPA, an insurance education provider, issued attendance certificates that did not comply with Washington regulations, issued credits to producers that didn’t sign attendance registers, and submitted false class date information on an attendance roster.

Parker Smith & Feek, Provider #2332; fined $1,000.

Parker Smith & Feek, an insurance education provider, failed to keep attendance reports as required under Washington regulations, gave credits to producers that didn’t attend courses or respond to the number of polls for Washington producer education courses, and failed to conduct polls for courses as required under Washington regulations.

Producers & brokers

Fitts Agency, Inc., Tuscaloosa, Ala.; fined $250.
Rogue Risk LLC, Watervliet, NY; fined $250.
Raashawyn Bush, Mountain Home, Idaho; $250 fine.
Whittier Olds, Missoula, Mont.; $250 fine.
D&G Sayles Corporation, Glen Rock, NJ; fined $500.
Marco Antonio Reyes-Santos, Lincolnwood, Ill.; fined $250.
Anna Alicia Geisen, Peoria, Ariz.; fined $250.
Janna Swopshire, Las Vegas, Nev.; fined $250.
Get Logan Inc., New York, NY; fined $250.
Melissa Jo Brady, Coolidge, Ariz.; fined $500.
Garrity Sullivan and Donnelly Agency, Inc., Worcester, Mass.; fined $250.
Brandon Lewandowski, Garfield Heights, Ohio; fined $500

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