PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: Exempt certain commercial property and casualty forms from filing requirements.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060 (3)(a), 48.18.100(6), 48.18.103 (3)(a).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: WAC 284-24-120 suspends rate filing requirements in chapter 48.19 RCW for large risks based on objective criteria. It would be easier for large risks to negotiate pricing issues if they had the ability to negotiate coverage issues.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: Send written comments by December 1, 2005.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, fax (360) 586-3109, e-mail KacyS@oic.wa.gov.
November 2, 2005