Senate Bill Report SB 5810 — Insurance Regulation (Legal Service Contractors and Plans)
Summary
Senate Bill Report SB 5810, as of January 16, 2022, concerns insurance regulation and names Senators Mullet and Dozier as sponsors. The brief summary states that the bill establishes that legal service contractors are not insurers and legal service plans are not insurance. The summary of the bill says certain arrangements are explicitly excluded from being considered legal service contracts and legal service plans, including those issued by an insurer holding a valid certificate of authority in this state, and that terms such as legal service contractor, legal service plan, and member are defined. It lists the appropriation as none and the fiscal note as requested on January 12, 2022.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Report
- Date
- 2022-01-18
- Case
- 2022 01 18 A29483 D237687 Bill Report 5810 Sba Bfst 22
Cite this document
“Senate Bill Report SB 5810 — Insurance Regulation (Legal Service Contractors and Plans).”
Original at app.leg.wa.gov, dated 2022-01-18. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-01-18-2022-01-18-a29483-d237687-bill-report-5810-sba-bfst-22/
, SHA-256 32f931f3b319b777b1a0c8513553a15889594dc6935136d32679b83bdaafe8e3.Full text
SENATE BILL REPORT
SB 5810
As of January 16, 2022
Title: An act relating to insurance regulation.
Brief Description: Concerning insurance regulation.
Sponsors: Senators Mullet and Dozier.
Brief History:
Committee Activity: Business, Financial Services & Trade: 1/18/22.
Brief Summary of Bill
• Establishes that legal service contractors are not insurers and legal
service plans are not insurance.
SENATE COMMITTEE ON BUSINESS, FINANCIAL SERVICES & TRADE
Staff: Kellee Gunn (786-7429)
Background: Insurance Regulation in Washington State. Under state law, insurance is a
contract one undertakes to indemnify another or pay a specified amount upon a certain
event. The Office of the Insurance Commissioner regulates insurance in Washington State
through producer licensing and oversight, company supervision, reviewing and approving
insurance products, and verifying insurance policies conform to state laws and regulations.
To sell insurance, an insurer must hold a valid certificate of authority in this state.
Prepaid Legal Services. Prepaid legal services are, generally, membership plans that
provide members access to lawyers for consultations, legal review of documents,
preparation of documents, access to legal forms, and legal representation in court.
Summary of Bill: Under the laws governing insurance in Washington, legal service
contractors are not insurers and legal service plans are not insurance. Certain arrangements
This analysis was prepared by non-partisan legislative staff for the use of legislative
members in their deliberations. This analysis is not part of the legislation nor does it
constitute a statement of legislative intent.
Senate Bill Report -1- SB 5810
are explicitly excluded from being considered legal service contracts and legal service
plans, including those issued by an insurer holding a valid certificate of authority in this
state. Terms such as legal service contractor, legal service plan, and member are defined.
Appropriation: None.
Fiscal Note: Requested on January 12, 2022.
Creates Committee/Commission/Task Force that includes Legislative members: No.
Effective Date: Ninety days after adjournment of session in which bill is passed.
Senate Bill Report -2- SB 5810
File and source
- File
- 2022-01-18_a29483_d237687_bill-report-5810-sba-bfst-22.pdf
- Size
- 6,639 bytes
- SHA-256
- 32f931f3b319b777b1a0c8513553a15889594dc6935136d32679b83bdaafe8e3
- Original
- app.leg.wa.gov