For Consumers

Premium change transparency (R 2022-01)

The commissioner is considering rulemaking related to transparency in underwriting by defining and clarifying the scope of insurer responsibility for adverse actions, premiums, rate changes, and consumer notice requirements. 

Proposed rulemaking

Public hearing 

Fourth prepublication draft released Jan. 30, 2023 

Third prepublication draft released Oct. 27, 2022 

Second prepublication draft released July 20, 2022 

First prepublication draft released May 31, 2022

Industry survey sent Aug. 4, 2022 - DUE DATE EXTENDED to Sept. 15, 2022.

The transparency rulemaking survey is a voluntary rulemaking survey conducted under the Commissioner’s general authority. The purpose of the voluntary rulemaking survey is to better understand the financial impact this rule may have on the insurance industry. Having survey answers and feedback from the industry will be extremely helpful to the OIC in its efforts to balance consumer protections and maintain a healthy business market during the rulemaking process.

Interested party meeting materials released April 1, 2022

Previous interested parties meetings

  • Feb. 2, 2023
  • Nov. 10, 2022
  • Aug. 3, 2022
  • June 14, 2022
  • April 21, 2022

Notice to start rulemaking filed Feb. 1, 2022