5209-S AMS FRAN S2450.1

SSB 5209 - S AMD 137

By Senator Franklin

NOT ADOPTED 03/13/2003

On page 12, after line 3, insert the following:

"NEW SECTION. Sec. 12. A new section is added to chapter 48.01 RCW to read as follows:

(1) The commissioner shall notify the public of any application by an insurer for a rate change to medical malpractice premiums. All the applications are subject to a public hearing before the commissioner.

(2) Hearings and other administrative proceedings arising under this section must be conducted under chapter 34.05 RCW."

Renumber the remaining sections consecutively and correct internal references accordingly.

SSB 5209 - S AMD 137

By Senator Franklin

NOT ADOPTED 03/13/2003

On page 1, line 5 of the title, after "RCW;" insert "adding a new section to chapter 48.01 RCW;"

EFFECT: Requires a public hearing before the insurance commissioner whenever an insurer applies for a rate change to medical malpractice premiums.

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