WSR 11-17-127

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF

INSURANCE COMMISSIONER

[ Insurance Commissioner Matter No. R 2011-19 -- Filed August 24, 2011, 7:34 a.m. ]

Subject of Possible Rule Making: Amending chapter 284-07 WAC by adding a new section for biographical affidavit requirements.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060, 48.36A.290, 48.44.050, 48.46.030, 48.46.200.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The filing of biographical affidavits (NAIC Form 11) is part of the application packet for a certificate of authority when an insurer, fraternal benefit society, health care service contract, health maintenance organization and self-funded multiple employer welfare arrangement applies for a license.

Any of the above entities domiciled in the state of Washington are required to update or file new biographical affidavits in certain circumstances. This rule will standardize which circumstances and in what time frames these documents are required.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: Submit written comments by October 17, 2011.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Donna Dorris, P.O. Box 40255, Olympia, WA 98504-0255, donnad@oic.wa.gov, fax (360) 586-3109.

August 24, 2011

Mike Kreidler

Insurance Commissioner

Washington State Code Reviser's Office