Justice Mary Sue Wilson ruled that Insurance Commissioner Mike Kreidler did not have “good cause” to file an emergency order banning the use of credit scores in setting insurance rates.
Kreidler called for legislation that would have done the same thing a few months ago. But when his recurring idea failed, he chose to bypass the state legislature and make his wish an emergency ordinance.
The misuse of power was denounced by the Thurston County Superior Court judge on Friday and offers another example of why Washington needs emergency powers reform.
Kreidler has expressed disappointment with the decision and said he is weighing his options. The option he should certainly weigh is to allow state legislators to have their say. They are elected to represent us through careful deliberation of matters. And if it had been allowed, the market disruption Kreidler caused might not have resulted in higher insurance premiums for many people across the state – including seniors and low-income Washingtonians. having little ability to handle the abrupt change in their finances. (Read more about this here.)
The evil will not be fixed overnight. An industry insider told KIRO 7 News not to expect action until the insurance industry gets more clarity on the tools it can use to determine insurance premiums . Until then, they say there is “no need to change people’s rates again,” Jesse Jones reports.