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WA State Office of the Insurance Commissioner
WA State Office of the Insurance Commissioner

77 Followers

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Published in Commissioner’s Eye on Insurance

·2 days ago

Drivers are likely to see an increase in insurance premiums in 2023. Here’s why

Car insurance premiums are expected to creep up this year, but there’s good news for policyholders in Washington: It could be worse. ValuePenguin’s State of Auto Insurance in 2023 Report predicts an 8.4% increase for car insurance premiums this year. …

2 min read

Drivers are likely to see an increase in insurance premiums in 2023. Here’s why
Drivers are likely to see an increase in insurance premiums in 2023. Here’s why

2 min read


Published in Commissioner’s Eye on Insurance

·Dec 29, 2022

Flood season has arrived. Here’s what to do if your home is impacted

Flooding season has already arrived in Western Washington and some residents have already started the process of recovering and repairing their damaged homes. We’ve previously covered how the costs of flooding exceed all other natural disasters in Washington state. …

2 min read

Flood season has arrived. Here’s what to do if your home is impacted
Flood season has arrived. Here’s what to do if your home is impacted

2 min read


Published in Commissioner’s Eye on Insurance

·Dec 19, 2022

Taking your car to the shop? Expect to pay more

Inflation impacted everything in 2022 and opinions still vary on where it’s headed next. …

2 min read

Taking your car to the shop? Expect to pay more
Taking your car to the shop? Expect to pay more

2 min read


Published in Commissioner’s Eye on Insurance

·Oct 31, 2022

Experiencing delays in car repairs? You’re not alone

If your car is in the shop and it feels like it’s taking a lot longer than normal to get it back, know that you’re not alone. …

3 min read

Experiencing delays in car repairs? You’re not alone
Experiencing delays in car repairs? You’re not alone

3 min read


Published in Commissioner’s Eye on Insurance

·Oct 25, 2022

Hurricane Ian pushed Florida’s insurance market from bad to worse. Could it happen in Washington?

Florida’s property insurance market has hit a rough patch over the last few years, and the damage wrought by Hurricane Ian — the costliest storm in Florida since Hurricane Andrew in 1992 — certainly isn’t doing the Sunshine State any favors. According to the Florida Office of Insurance Regulation, about…

4 min read

Hurricane Ian pushed Florida’s insurance market from bad to worse. Could it happen in Washington?
Hurricane Ian pushed Florida’s insurance market from bad to worse. Could it happen in Washington?

4 min read


Sep 19, 2022

Insurance Commissioner Encourages Expediting Process in Ordinance Coverage Situations

Ordinance or law coverage is a common supplemental coverage offered under homeowner and commercial property policies. It’s also known as code upgrade coverage or building ordinance coverage. …

2 min read

Insurance Commissioner Encourages Expediting Process in Ordinance Coverage Situations
Insurance Commissioner Encourages Expediting Process in Ordinance Coverage Situations

2 min read


Published in Commissioner’s Eye on Insurance

·Sep 14, 2022

Severity of car crashes is on the rise

Car crashes have gotten more severe. The National Highway Traffic Safety Administration estimated that 9,560 people died in motor vehicle crashes in the first quarter of 2022. That’s an increase of about 7% from the first quarter of 2021 and the highest number of first-quarter fatalities since 2002. Traffic deaths…

2 min read

Severity of car crashes is on the rise
Severity of car crashes is on the rise

2 min read


Published in Commissioner’s Eye on Insurance

·Aug 18, 2022

As summer comes to an end, consider flood insurance

The costs of flooding exceed all other natural disasters in Washington state and in any given year, there’s more than an 80% chance of at least 10 flood events occurring, according to the Department of Ecology. As the climate changes, so does the frequency of floods. Even if your home…

2 min read

As summer comes to an end, consider flood insurance
As summer comes to an end, consider flood insurance

2 min read


Published in Commissioner’s Eye on Insurance

·Aug 3, 2022

Housing-related costs are up; is your coverage?

Inflation hit 9.1 percent in July. Combine that with the supply chain issues and rising construction costs over the last two years, and it’s safe to assume the cost of replacing your home and property has also taken a big jump. It’s a good time to revisit your insurance situation…

2 min read

Housing-related costs are up; is your coverage?
Housing-related costs are up; is your coverage?

2 min read


Published in Commissioner’s Eye on Insurance

·Jul 28, 2022

OIC staff take part in insurance journal webinar on climate change and insurance

Staff from the Office of the Insurance Commissioner took part in a July 14, 2022 webinar hosted by Insurance Journal covering insurance and climate change. Around the World: Insurance, Climate Change, Disclosures, and Risk — Insurance Journal Research The webinar, “Around the World: Insurance, Climate Change, Disclosures and Risk” covered: •…

2 min read

OIC staff take part in insurance journal webinar on climate change and insurance
OIC staff take part in insurance journal webinar on climate change and insurance

2 min read

WA State Office of the Insurance Commissioner

WA State Office of the Insurance Commissioner

77 Followers

Washington state Insurance Commissioner Mike Kreidler regulates the insurance industry and protects insurance consumers.

Following
  • Washington State Department of Health

    Washington State Department of Health

  • The Washington Department of Fish and Wildlife

    The Washington Department of Fish and Wildlife

  • The Office of Superintendent of Public Instruction

    The Office of Superintendent of Public Instruction

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    WashingtonStateDSHS

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    Washington State Department of Commerce

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