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WashingtonSB 51412025-2026 Regular SessionSenate

Requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner.

Sponsored By: Adrian Cortes (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Disability insurers must disclose rate-setting formulas

Beginning July 27, 2025, Washington requires more detailed rate filings for experience-rated group disability income insurance. This covers plans whose premiums depend on the group's past claims. Before using their rates, insurers must file their experience-rating formulas, all applicable rating factors, and credibility formulas. Filings must let the insurance commissioner check whether a group's claims history is fully or partly reliable for setting rates. The commissioner must also be able to reproduce premiums using the group's actual claims history and demographics. The law does not require premiums to change.

Sponsors & Cosponsors

Sponsor

  • Adrian Cortes

    Democratic • Senate

Cosponsors

  • Bob Hasegawa

    Democratic • Senate

  • Jesse Salomon

    Democratic • Senate

  • Manka Dhingra

    Democratic • Senate

  • Marko Liias

    Democratic • Senate

  • T'wina Nobles

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 146 • No: 0

House vote • 3/31/2025

3rd Reading & Final Passage

Yes: 97 • No: 0 • Other: 1

Senate vote • 2/25/2025

3rd Reading & Final Passage

Yes: 49 • No: 0

Actions Timeline

  1. Effective date 7/27/2025.

    4/8/2025Senate

  2. Chapter 27, 2025 Laws.

    4/8/2025Senate

  3. Governor signed.

    4/8/2025legislature

  4. Delivered to Governor.

    4/3/2025legislature

  5. Speaker signed.

    4/2/2025legislature

  6. President signed.

    4/1/2025legislature

  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.

    3/31/2025Senate

  8. Rules suspended. Placed on Third Reading.

    3/31/2025Senate

  9. Rules Committee relieved of further consideration. Placed on second reading.

    3/25/2025Senate

  10. Referred to Rules 2 Review.

    3/20/2025Senate

  11. CPB - Majority; do pass.

    3/18/2025Senate

  12. CPB - Executive action taken by committee.

    3/18/2025Senate

  13. First reading, referred to Consumer Protection & Business.

    2/27/2025Senate

  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.

    2/25/2025Senate

  15. Rules suspended. Placed on Third Reading.

    2/25/2025Senate

  16. Placed on second reading consent calendar.

    2/12/2025Senate

  17. Passed to Rules Committee for second reading.

    1/30/2025Senate

  18. BFT - Majority; do pass.

    1/29/2025Senate

  19. First reading, referred to Business, Financial Services & Trade.

    1/13/2025Senate

  20. Prefiled for introduction.

    1/7/2025Senate

Bill Text

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