Insurers and other Office of the Insurance Commissioner (OIC) regulated companies should be aware of several new requirements that affect companies for calendar year 2024.
The Insurance Commissioner's agenda for proposed rules during 2024 is now available.
Detailed information about proposed rules and recently adopted rules are available on the Insurance Commissioner’s website:
Effective during calendar year 2024:
- Premium change transparency (R 2022-01) eff 6-1-2024
- Consolidated health care rulemaking (R 2023-07) eff 1-1-2024
- Best interest standard for annuities (R 2023-05) eff 1-1-2024
- Life Insurance Riders and Disclosures (R 2023-08) eff 1-3-2024
Company Supervision Division
Washington State Office of the Insurance Commissioner
Insurance 5000 Building
P.O. Box 40255
Olympia, WA 98504-0255
360-725-7200