CERTIFICATION OF ENROLLMENT
HOUSE BILL 1002
55th Legislature
1997 Regular Session
Passed by the House February 3, 1997 Yeas 97 Nays 0
Speaker of the House of Representatives
Passed by the Senate April 9, 1997 Yeas 42 Nays 0 |
CERTIFICATE
I, Timothy A. Martin, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1002 as passed by the House of Representatives and the Senate on the dates hereon set forth. |
President of the Senate |
Chief Clerk
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Approved |
FILED |
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Governor of the State of Washington |
Secretary of State State of Washington |
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HOUSE BILL 1002
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Passed Legislature - 1997 Regular Session
State of Washington 55th Legislature 1997 Regular Session
By Representatives L. Thomas, Dyer and Mielke
Read first time 01/13/97. Referred to Committee on Financial Institutions & Insurance.
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; or property or casualty insurers with annual gross written medical malpractice insurance premiums in this state that exceed fifty percent of their total annual gross written premiums in this state; or all credit-related insurance written in connection with a credit transaction in which the creditor is named as a beneficiary or loss payee under the policy except vendor single-interest or collateral protection coverage as defined in RCW 48.22.110(4).
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