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Insurance

Some insurance companies are choosing not to renew policies in wildfire-prone areas of the inland Northwest. That’s sending home owners scrambling to find new coverage for their properties.

People who buy individual health insurance in Washington state can expect another round of rate hikes next year.

“I’d say double-digit [increases] are almost a certainty,” state Insurance Commissioner Mike Kreidler said in an interview Thursday on TVW’s “Inside Olympia” program.

Ted S. Warren / AP

Mounting risks because of climate change are putting pressure on insurance companies. That has Washington's Insurance Commissioner worried. He’s hosting a climate risk summit meeting at the University of Washington this week.  

SALEM, Ore. - Customers of one of Oregon's largest health insurance companies may see a large rate increase soon. State insurance regulators held a rare public hearing Wednesday on the request by ODS Health Plan to hike its rates an average of 10 percent. A decision on the requested rate hike could come next month.

Undocumented immigrants would lose state medical coverage under a proposal to save the popular Basic Health insurance program. The get-tough measure is part of a budget-cutting plan unveiled by the State Senate. But it's at odds with a competing approach in the House.

Three years ago Washington voters upheld the Insurance Fair Conduct Act. It allows triple damages when insurance companies are found to have unfairly denied a claim. At the time, the insurance industry warned premiums would skyrocket and lawyers would get rich. Has that happened?