updated 04:50 pm EDT, Tue June 13, 2006
Apple fined $100K
Apple has been fined $100,000 by the state of Washington for not registering with the state, as required by law, according to a report by The Puget Sound Business Journal. The state's Insurance Commissioner Mike Kreidler said that Apple didn't register as a service contract provider from 2000 to 2004, violating a 1999 Washington law required all companies selling service contracts to register with the Office of the Insurance Commissioner. Kreidler, however, noted that his office has not received any complaints regarding Apple's contracts and that Apple has complied with the law by registering.