WSR 07-14-110

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF

INSURANCE COMMISSIONER

[ Insurance Commissioner Matter No. R 2007-08 -- Filed July 2, 2007, 4:32 p.m. ]

Subject of Possible Rule Making: Automobile total loss settlements.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060 and 48.30.010.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The commissioner will review WAC 284-30-390 to determine if the current regulation can be clarified, simplified, and made more effective. One goal is to give consumers a greater understanding of their rights and clearer expectations of what may occur in the claims process.

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 send written comments by August 20, 2007.

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) 586-3109, e-mail KacyS@oic.wa.gov.

July 2, 2007

Mike Kreidler

Insurance Commissioner

Washington State Code Reviser's Office