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Committee Hears NAIC‑based Travel Insurance Bill; OIC and Industry Cite Remaining Technical Issues
Summary
House Bill 2087 would codify travel insurance regulation (producer licensing, retailer registration, sales practices) based on NAIC model law; supporters say it standardizes consumer protections and increases choice, while OIC flagged adjuster‑licensing and accountability concerns and the Attorney General’s office urged preservation of anti‑discrimination law.
Lawmakers on Jan. 23 received a multi‑stakeholder briefing and public testimony on House Bill 2087, a measure to enact a Washington Travel Insurance Act modeled on the National Association of Insurance Commissioners (NAIC) approach to travel insurance regulation.
Committee staff Peter Clodfelter summarized the bill's main provisions: definitions of travel insurance, licensing a limited‑lines travel insurance producer, registration of travel retailers, creation of a travel administrator category, certain exemptions from insurance adjuster licensing, a prohibition…
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