WA People
BILL · 2005–06 SESSION

HB 2406: Insurance statutes

Changing insurance statutes, generally.

Summary

  • Requires property and casualty insurers to file additional actuarial opinions and information.
  • Adds an additional financial test which allows the Insurance Commissioner to take action based on the financial information submitted by a property and casualty insurer.
  • Shifts duties from the Insurance Commissioner to the Chief of the Washington State Patrol through the Director of Fire Protection.
  • Removes the requirement for a written rejection when a named insured or spouse chooses a lower limit of coverage related to underinsured motorists.
  • Eliminates unnecessary reports and eliminates obsolete report

From the House Bill Report (HB 2406), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 25, Laws of 2006
  1. IntroducedJan 9, 2006
  2. Out of committeeJan 16, 2006
  3. Passed HouseJan 18, 2006
  4. Passed SenateFeb 28, 2006
  5. GovernorMar 9, 2006
  6. LawMar 9, 2006
Prime sponsor
Dan Roach (R-31)
Introduced
January 9, 2006 in the House
Last action
March 9, 2006
Session law
Chapter 25, Laws of 2006
Requested by
Other
Budget
Has a fiscal note

AN ACT Relating to insurance;

Sponsors

Prime sponsor: Dan Roach (R-31)

1 co-sponsor (1 Democrat, 0 Republicans)

Steve Kirby D-29

Votes

House · Final Passage

Passed January 18, 2006
Version voted on: HB 2406
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat55001
Republican41001
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed February 28, 2006
Version voted on: HB 2406
45 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat25001
Republican20003
How each member voted
Permalink to this vote

History

  1. Governor signed.
  2. Effective date 6/7/2006*.
  3. Chapter 25, 2006 Laws.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 45; nays, 0; absent, 0; excused, 4.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. FHC - Majority; do pass.
  12. First reading, referred to Financial Institutions, Housing & Consumer Protection.
  13. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2.
  14. Rules suspended. Placed on Third Reading.
  15. Rules Committee relieved of further consideration. Placed on second reading.
  16. Passed to Rules Committee for second reading.
  17. FII - Majority; do pass.
  18. FII - Executive action taken by committee.
  19. First reading, referred to Financial Institutions & Insurance.
  20. Prefiled for introduction.

HB 2406 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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