INSURANCE COMMISSIONER

[Filed January 24, 2025, 4:34 p.m.]

Semi-Annual Rules Agenda

Pursuant to RCW 34.05.314, following is the office of the insurance commissioner's (OIC) semi-annual rules development agenda for publication in the Washington State Register. There may be additional rule-making activity not included on this agenda, and all information referenced is subject to change.

For general information on OIC's rule making, please visit our legislation and rule-making web page.

For the most up-to-date information on proposed rules, please visit our proposed rules web page.

To sign up for email or text alerts about rule changes, legislation, industry information, and consumer news, please visit our insurance updates web page.

For questions, please contact Joyce Brake, OIC policy and rules manager, at rulescoordinator@oic.wa.gov or 360-725-7041.

OIC has initiated rule making on the following rule, which is in CR-101 status:

Proposed Rule

Summary

Premium change transparency

(Insurance Commissioner Matter R 2024-07)

WSR 24-22-093

The premium change transparency rules were adopted in 2023 in chapter 284-30A WAC. These adopted rules outlined administrative regulations to achieve transparency for policyholders receiving premium increases from insurers at renewal on insurance policies such as residential property and private passenger auto. OIC is considering a rule to delay the implementation date of phase two until 2029. The purpose of the delay would be for OIC to collect additional data from insurers, consumers, and other interested parties on the effectiveness of phase one of the rule, adopted in WAC 284-30A-050, including the number of consumers who have requested premium change transparency from their insurer and data on the implementation challenges from insurers as they prepare for phase two. Additional amendments to the phase two requirements will be considered for this rule making.

In addition to the above-mentioned topic, any person may petition the OIC under RCW 34.05.330 requesting the adoption, amendment, or repeal of any rule.

Policy and Rules Manager