Washington State Office of the Insurance Commissioner
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Order 21-0032
Order Summary
$30,000 fine levied for issuing 938 Medicare plans other than those filed and approved by the Insurance Commissioner, and improperly paying commissions to insurance producers on those plans. RCW 48.66.035(1); WAC 284-66-243(1); WAC 284-66-243(2); WAC 284-66-243(7)(d); WAC 284-66-243(7)(e); WAC 284-66-350(1)(a).
Entities Named in the Order
Entity Name
Location
TRANSAMERICA LIFE INSURANCE COMPANY
CEDAR RAPIDS, IA
Order Documents
Order Type
Issue Date
Effective Date
Consent Order with Fine
02/26/2021
06/04/2021
The order has been stayed pending an administrative hearing. Enforcement of the order is put on hold or “stayed” until the end of the hearing process. To find more information about hearings, visit our
administrative hearings
page.