H-3525.1          _______________________________________________

                                  HOUSE BILL 2130

                  _______________________________________________

State of Washington              54th Legislature             1996 Regular Session

By Representatives L. Thomas, Smith and Pelesky

Read first time 01/08/96.  Referred to Committee on Financial Institutions & Insurance.

Clarifying submission of insurance antifraud plans.

     AN ACT Relating to insurance antifraud plans; and amending RCW 48.30A.045.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

     Sec. 1.  RCW 48.30A.045 and 1995 c 285 s 9 are each amended to read as follows:

(1) Each insurer licensed to write direct insurance in this state, except those exempted in subsection (2) of this section, shall institute and maintain an insurance antifraud plan.  An insurer licensed on July 1, 1995, shall file its antifraud plan with the insurance commissioner no later than December 31, 1995.  An insurer licensed after July 1, 1995, shall file its antifraud plan within six months of licensure.  An insurer shall file any change to the antifraud plan with the insurance commissioner within thirty days after the plan has been modified.

(2) This section does not apply to health carriers, as defined in RCW 48.43.005, life insurers, or title insurers.

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