WSR 03-03-133

PERMANENT RULES

OFFICE OF THE

INSURANCE COMMISSIONER

[ Insurance Commissioner Matter No. R 2002-09 -- Filed January 22, 2003, 11:24 a.m. ]

Date of Adoption: January 22, 2003.

Purpose: To implement chapter 22, Laws of 2002 (ESSB 6326). The adopted rule also reflects a change made to the form used to file the special liability report and brings the rule into accord with existing Office of the Insurance Commissioner (OIC) practices.

Citation of Existing Rules Affected by this Order: Amending WAC 284-07-010.

Statutory Authority for Adoption: RCW 48.02.060 and 48.05.380.

Other Authority: RCW 48.30.390.

Adopted under notice filed as WSR 02-21-122 on October 23, 2002.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 1, Repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 1, Repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 0, Repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 1, Repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 1, Repealed 0.
Effective Date of Rule: Thirty-one days after filing.

January 22, 2003

Mike Kreidler

Insurance Commissioner

OTS-5922.1


AMENDATORY SECTION(Amending WSR 94-20-049, filed 9/29/94, effective 10/30/94)

WAC 284-07-010   Special liability insurance report required annually.   (1) Pursuant to RCW 48.05.380, each insurer authorized to write property and casualty insurance in the state of Washington shall record and report its Washington state loss and expense experience and other data, as required by RCW 48.05.390, on a form issued by the commissioner.

(2) Each such insurer shall complete the form in accordance with the definitions and instructions ((on the form)) provided by the commissioner.

(3) Each such insurer shall submit this report to the insurance commissioner annually. The report covering the period ending December 31 of each year must be submitted no later than May 1 of the following year.

(4) ((Insurers not licensed to write general casualty insurance are exempt from the requirement to submit this report.)) If an insurer has no data or experience to report, it is not required to submit a report.

(5) ((Upon the written request of a professional reinsurer which never writes business anywhere on a direct basis, the commissioner may grant such reinsurer a permanent exemption from the requirement to submit this report.

(6))) With respect to products liability data, the commissioner finds that comparable information is included in the annual statement required by RCW 48.05.250. Therefore, products liability data shall not be reported on the form required by this section.

[Statutory Authority: RCW 48.02.060 and 48.05.390. 94-20-049, 284-07-010, filed 9/29/94, effective 10/30/94. Statutory Authority: RCW 48.02.060 and 48.05.380. 89-02-016 (Order R 88-16), 284-07-010, filed 12/28/88. Statutory Authority: RCW 48.05.380. 87-05-011 (Order R 87-2), 284-07-010, filed 2/11/87.]

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