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Media contact: Public Affairs, (360) 725-7055
"My office has fined Quick Health $100,000 and suspended their agents’ licenses. We’ve warned people to make sure they’re buying insurance from a legitimate company.
"What we can’t do is order Quick Health to pay back the estimated $777,000 it owes its victims in Washington state.
"We can’t order companies to make things right — but a piece of current legislation could change that.
"Senate Bill 5331 grants the Insurance Commissioner the authority to order restitution be paid to the victims of insurance entities’ illegal actions. Put simply, it permits my office to give people what they want most when financial fraud occurs — their money back."
Read this note from Insurance Commissioner Patty Kuderer about her support for Senate Bill 5331 on the Commissioner's Eye on Insurance blog.
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