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WAC 284-29A-030

Transition to prior approval system.

(1) On and after July 1, 2016, all rates used in Washington state must be filed and approved under RCW 48.29.147.
(2) Title insurers must submit the rate filings required under RCW 48.29.147 and subsection (1) of this section to the commissioner by March 1, 2016, for rates to be effective on July 1, 2016. This rule allows the commissioner time to take final action on rates filed under this chapter before the effective date of July 1, 2016.
(3) Rates filed under RCW 48.29.140(2) must not be used for commitments issued on or after July 1, 2016.
[Statutory Authority: RCW 48.02.060, 48.29.005, 48.29.017, 48.29.140, 48.03.060(6), and 48.29.147. WSR 14-10-056 (Matter No. R 2013-15), § 284-29A-030, filed 5/2/14, effective 6/2/14. Statutory Authority: RCW 48.02.060, 48.29.140, 48.29.143, and 48.29.147. WSR 12-15-049 (Matter No. R 2012-10), § 284-29A-030, filed 7/16/12, effective 8/16/12. Statutory Authority: RCW 48.02.060 and 48.29.140. WSR 11-16-031 (Matter No. R 2011-07), § 284-29A-030, filed 7/27/11, effective 8/27/11. Statutory Authority: RCW 48.02.060 and 48.29.005. WSR 10-15-092 (Matter No. R 2009-01), § 284-29A-030, filed 7/20/10, effective 8/20/10.]
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