State fines WSU student insurance company $310,000


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OLYMPIA, Wash. (AP) — The state insurance commissioner has fined an insurance company $310,000 for charging Washington State University students the wrong rates on health insurance.

The fines against National Union Fire Insurance Company of Harrisburg, Pennsylvania, were announced Thursday.

Insurance Commissioner Mike Kreidler says the company was fined $200,000 because rates on accident and sickness health plans for the 2014-15 school year were figured incorrectly. Another fine of $110,000 was related to a rate increase for the 2011-12 school year that didn't go through the proper process with the insurance commissioner's office.

Attempts to reach the company for a comment on Thursday afternoon were unsuccessful.

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