read Read

e-mail E-mailprint Print

NAMIC 2006 Survey of New State Insurance Laws Summary and Analysis

2006 SUMMARY OF NEW STATE LAWS - WASHINGTON

Washington State Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

HB 1257

110

Motor vehicle insurance - auto coverage issues

Requires that an insurer who elects to write motorcycle or motor-driven cycle insurance must provide an opportunity for named insureds, who have purchased liability coverage for a motorcycle or motor-driven cycle, to reject underinsured coverage for that motorcycle or motor-driven cycle in writing. Effective: June 7, 2006.

HB 2406

25

Financial regulation

Relates to the submission of actual reports by property and casualty insurers land the procedures therefor, the procedures for domestic insurers and health maintenance organizations annually filing of financial condition statements, the reporting of specified personal information of all officers, directors and trustees of health insurers, the reporting requirements of self-funded multiple employer welfare arrangements, employment related life insurance benefits, training of flood insurance agents. Effective: June 7, 2006.

HB 2415

187

Motor vehicle insurance - UM/UIM

Compensates the victims of uninsured and underinsured motorists; provides that covered persons are entitled to coverage without regard to whether an incident was intentionally caused; provides that a person is not entitled to coverage if the insurer can demonstrate that the covered person intended to cause the damage for which the underinsured motorists' coverage is sought. Effective: June 7, 2006.

HB 2537

254

Workers' compensation -- miscellaneous

Relates to establishing a pilot program to allow employers to assist employees in completing applications for industrial insurance benefits. Effective: June 7, 2006.

HB 2880

278

Tax issues

Requires insurers to pay retail sales and use taxes on purchases of both tangible property or services, on the same terms as other taxpayers. Effective: March 28,2006.

HB 3134

163

Workers' compensation - benefits, claims or treatments

Relates to industrial disability benefits compensation for temporary or permanent total disability; provides for Social Security retirement benefits offset of such benefits. Effective: June 7, 2006.

SB 6234

284

Fraud

Creates the Insurance Fraud Program; makes a concerted effort to detect insurance fraud; reduces the occurrence of fraud through criminal enforcement and deterrence; requires restitution of fraudulently obtain insurance benefits and expenses incurred by an insurer in investigating fraudulent claims; reduces the amount of premium dollars use to pay fraudulent claims; provides the primary focus of the insurance fraud program is on organized fraudulent activities against insurance companies. Effective: July 1, 2006.

SB 6264

154

Workers' compensation - benefits, claims or treatments.

Relates to allowing an injured worker to change total permanent disability pension options under certain circumstances. Effective: June 7, 2006.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.