Effective July 1, 2023 Washington State Legislature recently passed HB 1266, which affects communications between the OIC and every insurance producer, title insurance agent, adjuster, surplus line broker and any other person licensed under Chapter 27. Click on the June 26, 2023 Bulletin for more information.

Washington state adopted House Bill 1061 during the 2023 legislative session. This bill eliminates the requirement for Washington residents to complete pre-licensing education before taking an insurance exam. This bill goes into effect on Sunday, July 23, 2023. Click here to view OIC eMail.

Click here to view new minimum qualifying amounts for Exempt Commercial Purchaser categories.

The insurance commissioner recently published Technical Assistance Advisory 2018-01, Implementation Credits as Illegal Inducement or Rebate.  The advisory applies to all insurance companies and other regulated entities that conduct business in Washington state.