WSR 20-03-092
PREPROPOSAL STATEMENT OF INQUIRY
OFFICE OF THE
INSURANCE COMMISSIONER
[Insurance Commissioner Matter R 2020-01—Filed January 13, 2020, 1:39 p.m.]
Subject of Possible Rule Making: Amend WAC 284-33-030 to increase the allowable amount for risk reduction goods and services.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW
48.02.060 (3)(a),
48.18.559(2).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The commissioner is considering raising the allowable amount an insurer can provide its insured over a twelve month aggregate period for risk mitigation goods and services to further encourage insurance companies [to] assist their insureds in reducing claim frequency and severity.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: Submit written comments by March 6, 2020.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting David Forte, 302 Sid Snyder Avenue S.W., Olympia, WA 98504, phone 360-725-7042, fax 360-586-3109, TTY 360-586-0241, email rulescoordinator@oic.wa.gov, website www.insurance.wa.gov.
January 13, 2020
Mike Kreidler
Insurance Commissioner