Vote Smart's Synopsis:

Vote to pass a bill that authorizes insurance commissioners to order restitution for harmed policyholders in Washington.

Highlights:

• Authorizes a commissioner to order payment of restitution after a hearing under Title 34 RCW or with the consent of the person owing the obligation (Sec. 1).

• Specifies Restitution to include only demonstrated economic damages due to another person, excluding the provider (Sec. 1).

• Specifies the restitution to be paid with 8% simple interest from the date the obligation arose (Sec. 1).

• Specifies 30 days after the commissioner issued the restitution order to pay the person who is owed (Sec. 1).

• Establishes a fine on the insurer of an amount no less than and no more than $10,000 per violation (Sec. 1).

Full Bill Text