Requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner.

 S-0474.1

SENATE BILL 5141

State of Washington

69th Legislature

2025 Regular Session

By Senators Cortes, Dhingra, Hasegawa, Liias, Nobles, and Salomon

Prefiled 01/07/25. Read first time 01/13/25. Referred to Committee on Business, Financial Services & Trade.

AN ACT Relating to requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner; and amending RCW 48.19.010 .

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. RCW 48.19.010 and 2015 c 19 s 4 are each amended to read as follows:

(1) Except as is otherwise expressly provided the provisions of this chapter apply to all insurances upon subjects located, resident or to be performed in this state except: