{"id":"WA-097","kind":"order","level":"sector-regulator","jurisdiction":"Washington","state":"WA","metro":"","industry":"","agency":"","eco":"","issuer":"Mike Kreidler, Washington State Insurance Commissioner (Office of the Insurance Commissioner)","authority":"RCW 48.02.060(4)","instrument":"OIC Emergency Order No. 20-03","title":"Providing Relief to Washington Consumers from COVID-19 Outbreak by Addressing Grace Periods for Nonpayment of Premium and Temporarily Prohibiting Cancellation (property and casualty insurers and all regulated entities)","dateIssued":"2020-03-25","effective":"2020-03-25 (immediately)","end":"2020-05-09 by its terms, subject to further order; renewed thereafter","startDate":"2020-03-25","endDate":"2020-05-09","quarters":["2020Q2"],"types":["OTHER"],"addressees":["all insurers authorized or admitted to transact property and casualty insurance business in Washington and all entities regulated by the Insurance Commissioner"],"clause":"A. Between March 25, 2020, and May 9, 2020, all Regulated Entities transacting any property and casualty insurance business shall provide grace periods for nonpayment of premium and shall [waive late fees and penalties]... B. Between March 25, 2020, and May 9, 2020, no property and casualty insurer shall cancel a [policy for nonpayment of premium]... This Order shall remain in effect until May 9, 2020, subject to the further order of the Insurance Commissioner.","enforcement":"RCW 48.02.080","functions":["IN insurance","SV servicing and collections","CB","OP"],"notes":"Insurers, agents and premium-finance companies were prohibited from cancelling policies for nonpayment and required to extend grace periods across every line.","sourceUrl":"https://www.insurance.wa.gov/sites/default/files/2024-09/emergency-order-20-03.pdf","snapshot":"","fileExists":true,"fileBytes":340513,"grade":"primary","character":"","description":"","collection":"WA","url":"/library/WA-097","exhibitUrl":"/exhibit/WA-097","citation":"Mike Kreidler, Washington State Insurance Commissioner (Office of the Insurance Commissioner), OIC Emergency Order No. 20-03 (Mar. 25, 2020) (Ex. WA-097)","stateName":"Washington","related":["AGY-ST-INSURANCE-BANKING-041","WA-096"]}