Revised Code of Washington - RCW Title 48 Insurance - Chapter 48.37 Market Conduct Oversight

  • 48.37.005 Short title
    This chapter may be known and cited as the market conduct oversight law.[2007 c 82 § 2.] ...
  • 48.37.010 Purpose -- Intent
    (1) The purpose of this chapter is to establish a framework for the commissioner's market conduct actions, including: (a) Processes and systems for identifying, assessing, ...
  • 48.37.020 Application
    This chapter applies to all entities regulated by this title, and to all persons or entities acting as or holding themselves out as insurers in ...
  • 48.37.030 Definitions
    The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) "Best practices organization" means insurance marketplace standards association or ...
  • 48.37.040 Market analysis procedures -- Commissioner's duties -- Rules
    (1)(a) The commissioner shall collect and report market data information to the NAIC's market information systems, including the complaint database system, the examination tracking system, ...
  • 48.37.050 Protocols for market conduct actions -- Rules -- Report to the legislature
    (1) Market conduct actions shall be taken as a result of market analysis and shall focus on the general business practices and compliance activities of ...
  • 48.37.060 Market conduct examinations -- Procedures -- Final orders -- Fees
    (1) When the commissioner determines that other market conduct actions identified in RCW 48.37.040(4)(a) have not sufficiently addressed issues raised concerning company activities in Washington ...
  • 48.37.070 Access to records and information -- Commissioner's authority -- Depositions, subpoena, and oaths
    (1) Except as otherwise provided by law, market conduct oversight personnel shall have free, convenient, and full access to all books, records, employees, officers, and ...
  • 48.37.080 Confidentiality
    (1) All data and documents, including but not limited to working papers, third-party models or products, complaint logs, and copies thereof, created, produced, or obtained ...
  • 48.37.090 Market conduct oversight personnel
    (1) Market conduct oversight personnel shall be qualified by education, experience, and, where applicable, professional designations. The commissioner may supplement the in-house market conduct oversight ...
  • 48.37.100 Immunity for the commissioner, market conduct oversight personnel, authorized representatives, and examiners
    (1) No cause of action shall arise, nor shall any liability be imposed against the commissioner, the commissioner's authorized representatives, market conduct oversight personnel, or ...
  • 48.37.110 Fines and penalties
    (1) Fines and penalties, applicable to the insurer as found in the Washington insurance code, levied as a result of a market conduct action or ...
  • 48.37.120 Dispute resolution -- Rules
    (1) At any point in the market analysis, the insurer may request a review and resolution of issues by identifying the issues either orally or ...
  • 48.37.130 Coordination with other state insurance regulators through the NAIC
    (1) The commissioner shall share information and coordinate the commissioner's market analysis, market conduct actions, and examination efforts with other state insurance regulators. Such matters ...
  • 48.37.140 Additional duties of the commissioner
    (1) The commissioner shall designate a specific person or persons within the commissioner's office whose responsibilities shall include the receipt of information from employees of ...
  • 48.37.900 Captions not law
    Captions used in this chapter are not any part of the law.[2007 c 82 § 18.] ...

Last modified: April 7, 2009