WSR 18-14-107

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF THE

INSURANCE COMMISSIONER

[Insurance Commissioner Matter R 2018-04—Filed July 3, 2018, 2:33 p.m.]

Subject of Possible Rule Making: Producer license expiration and renewal time frames for appointments and affiliations.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060 and 48.17.005.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The commissioner will consider updating WAC 284-17-423 and 284-17-443 to give producers a longer renewal window for appointment and affiliation renewals and to link a producer's license expiration to the end of their birth month, not their date of birth.

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 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 Candice Myrum, P.O. Box 40620 [40260], Olympia, WA 98504-0260, phone 360-725-7036, fax 360-586-3109, TTY 360-586-0241, email rulescoordinator@oic.wa.gov, web site www.insurance.wa.gov.

July 3, 2018

Mike Kreidler

Insurance Commissioner