Washington Commissioner of Insurance
|Washington Commissioner of Insurance|
|Office website:||Official Link|
|2011-2013 FY Budget:||$51,961,000|
|Length of term:||4 years|
|Authority:||Washington Code - 48.02.010|
|Next election:||November 8, 2016|
|Last election:||November 6, 2012|
|Other Washington Executive Offices|
|Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education• • Agriculture Commissioner • Insurance Commissioner• Natural Resources Commissioner• Labor Commissioner• Public Service Commissioner|
The office of the insurance commissioner is responsible for overseeing the state insurance industry.
The current officeholder is Mike Kreidler (D). He has served in this position since 2001.
The office of insurance commissioner is established in the Washington Code.
Washington Code - 48.02.010:
|There shall be an insurance commissioner of this state who shall be elected at the time and in the manner that other state officers are elected.|
|Qualifications, Compensation, Offices Which May Be Abolished. No person, except a citizen of the United States and a qualified elector of this state, shall be eligible to hold any state office...|
- a citizen of the United States
- a qualified elector in Washington
In Washington, the insurance commissioner is elected every four years. Elections are held in November and winners assume office the following January, serving until their successors are elected and qualified.
Washington elects insurance commissioners in presidential years (2012, 2016, and 2020).
Incumbent Mike Kreidler won re-election on November 6, 2012.
|Washington Commissioner of Insurance General Election, 2012|
|Democratic||Mike Kreidler Incumbent||58.3%||1,662,555|
|Election Results via Washington Secretary of State.|
The mission of the office of the insurance commissioner is to "protect consumers, the public interest and our state’s economy through fair and efficient regulation of the insurance industry."
- Answering questions and investigating problems from consumers.
- Recovering money for consumers with insurance disputes or delays.
- Licensing and auditing the 48 insurers based in Washington and monitoring others that do business in the state.
- Testing, licensing and monitoring the individuals and businesses that sell insurance in the state.
The budget for the Commissioner of Insurance's Office in Fiscal Year 2011-2013 was $51,961,000.
- See also: Compensation of state executive officers
Office of the Washington Insurance Commissioner
Capitol Campus - Olympia
P.O. Box 40255
Olympia, WA 98504-0255
302 Sid Snyder Ave., SW, Suite 200
Olympia, WA 98504-0255
Free insurance consumer hotline: 1-800-562-6900