SB 5589 - Authorizes the Commissioner's Office to Analyze How Rates Are Made For Insurance - Washington Key Vote

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Title: Authorizes the Commissioner's Office to Analyze How Rates Are Made For Insurance

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the commissioner's office to analyze how rates are made for personal insurance, including credit history and credit-based insurance scores in Washington.

Highlights:

  • Authorizes the commissioner's office to analyze how rates are made for personal insurance, including credit history and credit-based insurance scores in Washington to understand premiums for lines of insurance like homeowners and auto (Sec. 1).

  • Specifies that the provisions of this bill shall become effective immediately upon passage and approval by the Governor and shall be repealed December 31, 2033 (Sec. 2).

Title: Authorizes the Commissioner's Office to Analyze How Rates Are Made For Insurance

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