5728-S AMS FRAN S2505.1

SSB 5728 - S AMD 176

By Senator Franklin

NOT ADOPTED 03/14/2003

On page 15, after line 15, insert the following:

"NEW SECTION. Sec. 414. 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."

SSB 5728 - S AMD 176

By Senator Franklin

NOT ADOPTED 03/14/2003

On page 1, line 6 of the title, after "7.70 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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