WSR 23-15-112
PREPROPOSAL STATEMENT OF INQUIRY
OFFICE OF THE
INSURANCE COMMISSIONER
[Insurance Commissioner Matter R 2023-04—Filed July 19, 2023, 8:19 a.m.]
Subject of Possible Rule Making: Implementation of HB 1061 (chapter 21, Laws of 2023) insurance producers prelicensing education.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: HB 1061 amends RCW
48.17.090 to eliminate the requirement that an applicant for a resident insurance producer license complete a prelicensure course of study for the lines of authority for which the person applied. Existing rules contain language which reference the requirement for producer applicants to complete prelicensure education.
Rule making will be required to remove language referencing prelicensing education from existing rules to align with newly amended RCW
48.17.090.
Process for Developing New Rule: Written comments due August 9, 2023.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Andrew Davis, 302 Sid Snyder Avenue S.W., Olympia, WA 98504, phone 360-725-7170, fax 360-586-3109, TTY 360-586-0241, email rulescoordinator@oic.wa.gov, website www.insurance.wa.gov.
July 19, 2023
Mike Kreidler
Insurance Commissioner