WSR 18-14-106
[Insurance Commissioner Matter R 2018-07—Filed July 3, 2018, 2:30 p.m.]
Subject of Possible Rule Making: Valuation of the stock of a subsidiary of a domestic insurance company.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060, 48.12.180, and 48.31B.040.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: WAC 284-16-150 through 284-16-220 regarding the valuation of the stock of the subsidiary of a domestic insurance company were adopted under previous versions of the Insurer Holding Company Act (chapter 48.31B RCW). The commissioner will consider adopting amendments to these rules to update the rules to be compatible with the current version of the Insurance Holding Company Act.
Process for Developing New Rule: Submit written comments by August 17, 2018.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Jim Tompkins, P.O. Box 40620 [40260], Olympia, WA 98504-0260, phone 360-725-7036, fax 360-586-3109, TTY 360-586-0241, email, web site
July 3, 2018
Mike Kreidler
Insurance Commissioner