WSR 01-21-074

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF THE

INSURANCE COMMISSIONER

[ Insurance Commissioner Matter No. 2001-10 -- Filed October 18, 2001, 2:32 p.m. ]

Subject of Possible Rule Making: USL&H Assigned Risk Plan, chapter 284-22 WAC.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060, 48.22.070.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The rule making is a request of the Washington USL&H assigned risk plan governing committee to establish clearer and more efficient rules for assessments from and distributions to plan participants. The rule making will consider ways to address the problem of insurers not reporting their USL&H premium to the plan. It will also consider requiring approval by the insurance commissioner for both assessments and distributions.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: Agency study; and the rule changes are requested by the governing committee of the USL&H assigned risk plan and have been considered for some time. The commissioner will continue the discussions with the governing committee and interested parties. Written comments to be considered at this time should be submitted by December 6, 2001 to Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, fax (360) 664-2782, e-mail KacyB@oic.wa.gov.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, fax (360) 664-2782, e-mail KacyB@oic.wa.gov.

October 18, 2001

Mike Kreidler

Insurance Commissioner

Washington State Code Reviser's Office