Mike Kreidler - Insurance Commissioner

Insurance Commissioner

In 2000, Kreidler was elected Insurance Commissioner. He was re-elected in 2004 and again in 2008.

Kreidler is Washington's eighth insurance commissioner.

Since taking office in January 2001, he has cut rate increases on homeowners and auto insurance policies by $300 million. He regained national accreditation for the agency, which was lost under his predecessor. In 2004, he rejected a bid by one of the state's largest non-profit health insurers, Premera Blue Cross, to become a for-profit company. In 2010, the insurance commissioner's office recovered more than $9 million for consumers in Washington state.

In 2009, Kreidler worked with Washington state lawmakers to close a waiting-period loophole that threatened the lives of people waiting for organ transplants. Kreidler has also pushed for health care reform, both at the state and national levels.

From 2001 through 2011, Kreidler's office issued more than $13 million in fines against insurance companies, agents and brokers.

In 2012, he eliminated generic-only prescription plans which resulted in 45,000 people losing their chosen low-cost insurance plan.

Read more about this topic:  Mike Kreidler

Famous quotes containing the word insurance:

    The Republican convention, an event with the intellectual content of a Guns’n’Roses lyric attended by every ofay insurance broker in America who owns a pair of white shoes.
    —P.J. (Patrick Jake)