WSR 15-13-068
PREPROPOSAL STATEMENT OF INQUIRY
OFFICE OF
INSURANCE COMMISSIONER
[Insurance Commissioner Matter No. R 2015-06-Filed June 11, 2015, 3:13 p.m.]
Subject of Possible Rule Making: Notice of payment of settlements by insurers.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW
48.02.060 and 48.30.010.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The commissioner will consider a rule to require insurance companies to provide notice to third-party claimants of the payment of a settlement.
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 July 31, 2015, to Jim Tompkins, P.O. Box 40258, Olympia, WA 98504-0258, rulescoordinator@oic.wa.gov, fax (360) 586-3109.
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 40258, Olympia, WA 98504-0258, rulescoordinator@oic.wa.gov, fax (360) 586-3109.
June 11, 2015
Mike Kreidler
Insurance Commissioner
