Wednesday, January 12, 2011

Insurers Fined More Than $ 580,000 In Washington In 2010

In 2010, he published more than $ 580,000 fine against insurers for a variety of violations, including illegal telephone solicitations and overcharging customers.

Society doctor in Napa, California, for example, was fined $ 104,200 - with $ 50,000 suspended - for failing to file insurance rates with us before using these rates.

Metropolitan Casualty Insurance Co., Warwick, RI, and several related entities, was sentenced to a fine of $ 45,000 to $ 20,000 suspended after an investigation revealed numerous problems with the insurance documents. Among the problems: U.S. $ 190,704 in additional costs for the elderly. (The company also refunded money to the affected policyholders.)

Spot fines is to ensure that insurers comply with these rules. This will protect consumers and the market fair and just.

We should probably also point out that money does not go to our agency. It is deposited in the state general fund to pay for other utilities. In 2009, $ 407.600 in fines. A year earlier, totaling over $ 1,200,000.

Here is a list of links of our enforcement actions in the past six months.

And to find more than a decade of orders and fines - including violations committed by agents and brokers - see this online search tool, we have built.