WSR 04-15-155

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF THE

INSURANCE COMMISSIONER

[ Insurance Commissioner Matter No. R 2004-04 -- Filed July 21, 2004, 10:50 a.m. ]

Subject of Possible Rule Making: WAC 284-17-200 through 284-17-320, continuing education.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060, 48.17.150, 48.17.563, 48.85.040.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Current rules pertaining to insurance continuing education contain outdated curriculum requirements and procedures. Rules need to be modernized to recognize and accommodate significant changes in insurance laws and practices and recognize innovative training delivery systems (use of the internet). Course relevancy needs to be improved, national regulatory uniformity issues need to be addressed, and processes to facilitate the development and implementation of an on-line insurance license renewal system need to be developed. These rule changes will result in a more educated insurance producer community providing more appropriate insurance products to Washington consumers, and improved service to licensees from the Office of the Insurance Commissioner.

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

Process for Developing New Rule: Send written comments by September 13, 2004, to Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, e-mail Kacys@oic.wa.gov, fax (360) 586-3109.

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, e-mail Kacys@oic.wa.gov, fax (360) 586-3109.

July 21, 2004

Mike Kreidler

Insurance Commissioner

Legislature Code Reviser 

Register

Washington State Code Reviser's Office