Fiscal Note, Bill 6248 SB — Travel insurance (Office of Insurance Commissioner)
Summary
Individual State Agency Fiscal Note for Bill Number 6248 SB, titled Travel insurance, from agency 160-Office of Insurance Commissioner, with OFM review dated 01/28/2026. Part I lists estimated operating expenditures of 413,198 for 2025-27 from the Insurance Commissioners Regulatory Account-State and marks that new rule making is required. The narrative says the bill would take effect on January 1, 2027, and that the estimated total revenue loss is $87,600 per biennium (or $43,800 per fiscal year), made up of $80,180 per biennium for a travel-only license exemption and $7,420 per biennium for an adjuster license exemption. A ten-year analysis of cash receipts follows.
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“Fiscal Note, Bill 6248 SB — Travel insurance (Office of Insurance Commissioner).”
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Individual State Agency Fiscal Note
Bill Number: 6248 SB Title: Travel insurance Agency: 160-Office of Insurance
Commissioner
Part I: Estimates
No Fiscal Impact
Estimated Cash Receipts to:
ACCOUNT FY 2026 FY 2027 2025-27 2027-29 2029-31
General Fund-State 001-1 (43,800) (43,800) (87,600) (87,600)
Total $ (43,800) (43,800) (87,600) (87,600)
Estimated Operating Expenditures from:
FY 2026 FY 2027 2025-27 2027-29 2029-31
FTE Staff Years 0.8 1.2 1.0 0.3 0.3
Account
Insurance Commissioners Regulatory 177,664 235,534 413,198 118,442 118,442
Account-State 138-1
Total $ 177,664 235,534 413,198 118,442 118,442
Estimated Capital Budget Impact:
NONE
The cash receipts and expenditure estimates on this page represent the most likely fiscal impact. Factors impacting the precision of these estimates,
and alternate ranges (if appropriate), are explained in Part II.
Check applicable boxes and follow corresponding instructions:
If fiscal impact is greater than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete entire fiscal note
X
form Parts I-V.
If fiscal impact is less than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete this page only (Part I).
Capital budget impact, complete Part IV.
X Requires new rule making, complete Part V.
Legislative Contact: John Kim Phone: 360-786-7453 Date: 01/20/2026
Agency Preparation: Tyler Langford Phone: 360-725-7173 Date: 01/23/2026
Agency Approval: Tom Zuvela Phone: (800) 562-6900 Date: 01/23/2026
OFM Review: Jason Brown Phone: (360) 742-7277 Date: 01/28/2026
Form FN (Rev 1/00) 209,450.00 Request # FN 26-37-1
FNS063 Individual State Agency Fiscal Note 1 Bill # 6248 SB
Part II: Narrative Explanation
II. A - Brief Description Of What The Measure Does That Has Fiscal Impact
Significant provisions of the bill and any related workload or policy assumptions that have revenue or expenditure impact on the responding agency
by section number.
Section 3 details the licensing and registration requirements under which the OIC may issue a limited lines travel
insurance producer license and the standards by which a licensed producer may operate.
Section 4 requires travel insurers to pay a premium tax.
Sections 5-8, 12 and 13 detail specific requirements for offering travel insurance, and some actions which are prohibited.?
The bill would take effect on January 1, 2027.
II. B - Cash receipts Impact
Cash receipts impact of the legislation on the responding agency with the cash receipts provisions identified by section number and when appropriate,
the detail of the revenue sources. Description of the factual basis of the assumptions and the method by which the cash receipts impact is derived.
Explanation of how workload assumptions translate into estimates. Distinguished between one time and ongoing functions.
Section 4 states that a travel insurer would pay premium tax as provided in RCW 48.14.020 on travel insurance premiums.
Travel-only licensees are most likely to benefit from exemptions in this bill, potentially reducing their licensing,
appointment, and affiliation obligations. Multi-line producers are less likely to change due to regulatory compliance or
operational convenience. The estimated revenue loss for this travel-only license exemption is $80,180 per biennium.
The bill would also exempt adjusters from licensure and other regulatory requirements. Therefore, the OIC would see
increase in unlicensed adjusters for whom the OIC would not collect license, renewal, or affiliation fees. The estimated
revenue loss for this adjuster license exemption is $7,420 per biennium.
Therefore, the estimated total revenue loss is $87,600 per biennium (or $43,800 per fiscal year).
II. C - Expenditures
Agency expenditures necessary to implement this legislation (or savings resulting from this legislation), with the provisions of the legislation that result
in the expenditures (or savings) identified by section number. Description of the factual basis of the assumptions and the method by which the
expenditure impact is derived. Explanation of how workload assumptions translate into cost estimates. Distinguished between one time and ongoing
functions.
Section 3 details the licensing and registration requirements under which the OIC may issue a limited lines travel
insurance producer license and the standards by which a licensed producer may operate.
Section 4 requires travel insurers to pay a premium tax.
Sections 5-8, 12 and 13 detail specific requirements for offering travel insurance, and some actions which are prohibited.?
Currently, the OIC investigates violations of the insurance code, Title 48 RCW and brings enforcement actions against
entities and individuals who violate the RCW. The bill would take effect on January 1, 2027. The bill would generate
30.00 hours of investigations per case, as well as 40.00 hours of enforcement actions per case, and 50.00 hours for the one
hearing.
One-Time Expense(s):
(FY2027) Therefore, the OIC would require 30.00 hours of an Insurance Attorney (IA) for staff/industry inquiries and
advice in FY2027.
(FY2027) The OIC anticipates system and database updates because of the bill. Therefore, the agency would require 22.00
hours of an Insurance Technician 4 (IT4), as well 10.5 hours of an Insurance Technician 3 (IT3), as well as 12.00 hours of
Travel insurance 160-Office of Insurance Commissioner
Form FN (Rev 1/00) 209,450.00 Request # FN 26-37-1
FNS063 Individual State Agency Fiscal Note 2 Bill # 6248 SB
a Washington Management Service Manager 3 (WMSM 3), and 12.00 hours of a Functional Program Analyst 4 (FPA4) in
FY2027.
(FY2027) The OIC anticipates an increase in workload in rate filings, in managing provider networks, and in reviewing
forms. The agency would require 6.00 hours of an Actuary 4 (A4), 174.00 hours of an Actuary 3 (A3), 290.00 hours of an
Actuary 2 (A2), 542.00 hours of an Actuarial Analyst (AA3), 176.00 hours of Actuarial Analyst 2 (AA2), 2.00 hours of a
Washington Management Service 3 (WMS 3), 15.00 hours of a Functional Program Analyst 3 (FPA3), and 15.00 hours of
a FPA4 in FY2027.
(FY2027) Additionally, the OIC would have a fiscal impact below $50,000 due to required modifications to premium tax
collection to account for travel insurers. The agency estimates 6.2 months of development, test and delivery of the new tax
form, with an estimated internal budget estimate of $17,543.
In summation, total (potential one-time expense) for the OIC are:
IA: 30.00 hours (inquiries and advice)
IT4: 22.00 hours (10hrs education-materials/12hrs system updates)
IT3: 10.50 hours (updates)
FPA4: 12.00 hours (system updates)
WMS3: 12.00 hours (system updates)
A4: 6.00 hours (file updates)
A3: 174.00 hours (file updates)
A2: 290.00 hours (file updates)
AA3: 542.00 hours (file updates)
AA2: 176.00 hours (file updates)
WMS3: 2.00 hours (file updates)
FPA3: 15.00 hours (file updates)
FPA4: 15.00 hours (file updates)
Ongoing Expense(s):
(FY2027) Therefore, the OIC would require 100.00 hours of an Investigator 3 (IN3), as well as 60.00 hours of an
Insurance Attorney, and 20.00 hours of a Paralegal starting in FY2027 and thereafter.
(FY2027) The OIC anticipates a minor increase (4%) in calls, written inquiries, and complaints involving travel related
contacts. Therefore, the agency would require 19.9 hours of an FPA3, as well as 33.3 hours of an IT3 in FY2027 and in
thereafter.
(FY2027) The OIC anticipates an increase in workload in rate filings, in managing provider networks, and in reviewing
forms. The agency would require 4.00 hours of an A4, 31.00 hours of an A3, 83.00 hours of an A2, 148.00 hours of an
AA3, 35.00 hours of AA2, 2.00 hours of a WMS 3, 2.00 hours of a FPA3, and 2.00 hours of a FPA4 in FY2027 and
Travel insurance 160-Office of Insurance Commissioner
Form FN (Rev 1/00) 209,450.00 Request # FN 26-37-1
FNS063 Individual State Agency Fiscal Note 3 Bill # 6248 SB
thereafter.
In summation, total potential on-going expenses for the OIC are:
IN3: 100.00 hours (90hrs for investigations/10hrs for hearing)
Insurance Attorney: 60.00 hours (30hrs for enforcement action/30hrs for hearing)
Paralegal: 20.00 hours (10hrs enforcement actions/10hrs for hearing)
FPA3: 21.9 hours (calls/inquiries/complaints/file updates)
IT3: 33.30 hours (training programs)
A4: 4.00 hours (file updates)
A3: 31.00 hours (file updates)
A2: 83.00 hours (file updates)
AA3: 148.00 hours (file updates)
AA2: 35.00 hours (file updates)
WMS3: 2.00 hours (file updates)
FPA4: 2.00 hours (file updates)
This bill requires complex rulemaking. Various sections throughout chapter 284-17 WAC, relating to producer/adjuster
licensing will need to be reviewed and revised to align with the definitions/requirements in sections 2 and 3 of the bill.
Additional rulemaking related to unfair trade practices and rate/form filings may be required to align with the new law.
Section 9 gives the commissioner rulemaking authority to implement the bill, and also requires repeal of existing rules that
are inconsistent with the bill.
Part III: Expenditure Detail
III. A - Operating Budget Expenditures
Account Account Title Type FY 2026 FY 2027 2025-27 2027-29 2029-31
138-1 Insurance State 177,664 235,534 413,198 118,442 118,442
Commissioners
Regulatory Account
Total $ 177,664 235,534 413,198 118,442 118,442
Travel insurance 160-Office of Insurance Commissioner
Form FN (Rev 1/00) 209,450.00 Request # FN 26-37-1
FNS063 Individual State Agency Fiscal Note 4 Bill # 6248 SB
III. B - Expenditures by Object Or Purpose
FY 2026 FY 2027 2025-27 2027-29 2029-31
FTE Staff Years 0.8 1.2 1.0 0.3 0.3
A-Salaries and Wages 112,863 136,473 249,336 73,436 73,436
B-Employee Benefits 29,268 37,920 67,188 21,318 21,318
C-Professional Service Contracts
E-Goods and Other Services 35,533 61,141 96,674 23,688 23,688
G-Travel
J-Capital Outlays
M-Inter Agency/Fund Transfers
N-Grants, Benefits & Client Services
P-Debt Service
S-Interagency Reimbursements
T-Intra-Agency Reimbursements
9-
Total $ 177,664 235,534 413,198 118,442 118,442
III. C - Operating FTE Detail: List FTEs by classification and corresponding annual compensation. Totals need to agree with total FTEs in
Part I and Part IIIA
Job Classification Salary FY 2026 FY 2027 2025-27 2027-29 2029-31
Actuarial Analyst 2 82,872 0.1 0.1 0.0 0.0
Actuarial Analyst 3 108,780 0.4 0.2 0.1 0.1
Actuary 2 146,316 0.2 0.1 0.1 0.1
Actuary 3 191,964 0.1 0.1 0.0 0.0
Actuary 4 217,152 0.0 0.0
FPA 3 80,820 0.0 0.0 0.0 0.0
FPA 4 89,316 0.2 0.0 0.1
Insurance Attorney 106,608 0.1 0.0 0.0 0.0
Insurance Technician 3 58,584 0.0 0.0 0.0 0.0
Insurance Technician 4 64,776 0.0 0.0 0.0 0.0
Investigator 3 91,464 0.1 0.0 0.1 0.1
Paralegal 89,316 0.0 0.0 0.0 0.0
Sr. Policy Analyst 149,352 0.7 0.3
WMS 3 156,784 0.0 0.0
Total FTEs 0.8 1.2 1.0 0.3 0.3
III. D - Expenditures By Program (optional)
NONE
Part IV: Capital Budget Impact
IV. A - Capital Budget Expenditures
NONE
IV. B - Expenditures by Object Or Purpose
NONE
IV. C - Capital Budget Breakout
Acquisition and construction costs not reflected elsewhere on the fiscal note and description of potential financing methods.
NONE
Travel insurance 160-Office of Insurance Commissioner
Form FN (Rev 1/00) 209,450.00 Request # FN 26-37-1
FNS063 Individual State Agency Fiscal Note 5 Bill # 6248 SB
IV. D - Capital FTE Detail: FTEs listed by classification and corresponding annual compensation. Totals agree with total FTEs in Part IVB.
NONE
NONE
Part V: New Rule Making Required
Provisions of the bill that require the agency to adopt new administrative rules or repeal/revise existing rules.
This bill requires complex rulemaking. Various sections throughout chapter 284-17 WAC, relating to producer/adjuster
licensing will need to be reviewed and revised to align with the definitions/requirements in sections 2 and 3 of the bill.
Additional rulemaking related to unfair trade practices and rate/form filings may be required to align with the new law.
Section 9 gives the commissioner rulemaking authority to implement the bill, and also requires repeal of existing rules that
are inconsistent with the bill.
Travel insurance 160-Office of Insurance Commissioner
Form FN (Rev 1/00) 209,450.00 Request # FN 26-37-1
FNS063 Individual State Agency Fiscal Note 6 Bill # 6248 SB
Ten-Year Analysis
Bill Number Title Agency
6248 SB Travel insurance 160 Office of Insurance Commissioner
This ten-year analysis is limited to agency estimated cash receipts associated with the proposed tax or fee increases. The Office of Financial Management
ten-year projection can be found at http://www.ofm.wa.gov/tax/default.asp .
Estimates
No Cash Receipts Partially Indeterminate Cash Receipts Indeterminate Cash Receipts
Estimated Cash Receipts
Name of Tax or Fee Acct Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal 2026-35
Code Year 2026 Year 2027 Year 2028 Year 2029 Year 2030 Year 2031 Year 2032 Year 2033 Year 2034 Year 2035 TOTAL
Adjuster License 001 (3,710) (3,710) (3,710) (3,710) (3,710) (3,710) (3,710) (3,710) (3,710) (33,390)
Exemption
Travel-only License 001 (40,090) (40,090) (40,090) (40,090) (40,090) (40,090) (40,090) (40,090) (40,090) (360,810)
Exemption
Total (43,800) (43,800) (43,800) (43,800) (43,800) (43,800) (43,800) (43,800) (43,800) (394,200)
Biennial Totals (43,800) (87,600) (87,600) (87,600) (87,600) (394,200)
Narrative Explanation (Required for Indeterminate Cash Receipts)
Section 4 states that a travel insurer would pay premium tax as provided in RCW 48.14.020 on travel insurance premiums. Travel-only licensees are most likely to benefit
from exemptions in this bill, potentially reducing their licensing, appointment, and affiliation obligations. Multi-line producers are less likely to change due to regulatory
compliance or operational convenience. The estimated revenue loss for this travel-only license exemption is $80,180 per biennium.
The bill would also exempt adjusters from licensure and other regulatory requirements. Therefore, the OIC would see increase in unlicensed adjusters for whom the OIC
would not collect license, renewal, or affiliation fees. The estimated revenue loss for this adjuster license exemption is $7,420 per biennium.
Therefore, the estimated total revenue loss is $87,600 per biennium (or $43,800 per fiscal year).
FNS066 Ten-Year Analysis 1
Ten-Year Analysis
Bill Number Title Agency
6248 SB Travel insurance 160 Office of Insurance Commissioner
Agency Preparation: Tyler Langford Phone: 360-725-7173 Date: 1/23/2026 3:48:05 pm
Agency Approval: Tom Zuvela Phone: (800) 562-6900 Date: 1/23/2026 3:48:05 pm
OFM Review: Phone: Date:
FNS066 Ten-Year Analysis 2
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