Insurer teams this week sought to take their battle with Washington Insurance coverage Commissioner Mike Kreidler to the Supreme Courtroom of Washington.
The American Property Casualty Insurance coverage Affiliation, the Skilled Insurance coverage Brokers of Washington, and the Unbiased Insurance coverage Brokers and Brokers of Washington collectively filed a petition for a writ of mandamus within the Supreme Courtroom of Washington.
The brand new submitting to the upper court docket is in response to the Washington Workplace of the Insurance coverage Commissioner listening to officer denying the commerce teams’ demand for an administrative listening to on Feb. 7.
The teams earlier this month jointly filed two legal actions to halt the enforcement of a rule banning using credit score for ranking functions in Washington.
Kreidler’s rule banning the use of credit-based insurance scores within the ranking and underwriting of insurance coverage banning credit score scoring will likely be in impact beginning March 4 via three years after both the federal or state emergency declaration ends, whichever is longer.
The organizations, performing on behalf of the insurance coverage brokers, brokers, and firms they signify, filed an administrative problem and a civil court docket problem to cease the everlasting rule lately adopted by Kreidler.
Within the newest submitting, the organizations are asking the court docket to:
- Assert jurisdiction
- Keep the March 4 efficient date of the everlasting rule
- Rule on the deserves of Petitioners’ petition for a writ and direct the commissioner’s workplace to enter a keep for the pendency of the executive problem, and settle for petitioners’ demand for a listening to
“Commissioner Kreidler’s rule to ban insurers’ use of credit-based insurance coverage scores has prompted chaos within the Washington insurance coverage market and raised charges for over a million customers,” Claire Howard, APCIA senior vp, basic counsel, and company secretary, mentioned in an announcement.
Howard mentioned the commissioner’s everlasting rule is “notably dangerous to seniors on fastened incomes.”
“APCIA, PIA, and the IIABW are difficult the everlasting rule for a number of causes, together with redressing an abuse of authority, preserving the legislative prerogative to enact statutes, and the general public’s proper to depend on statutes enacted by the Legislature to be faithfully executed by the chief department of presidency,” the assertion continues.
“On daily basis the everlasting rule is in impact means extra lower-risk Washington customers will face larger insurance coverage prices. We’ll proceed to pursue this problem as a way to shield the over a million Washington policyholders that proceed to be harmed.”
Kreidler’s workplace has been reached out to for remark.
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