OIC Issues Emergency Order for Washington Wildfire

Washington Insurance Commissioner Patty Kuderer issued an emergency order on August 3 to give wildfire relief to policyholders. Admitted insurers must provide 45-day premium grace periods, waive late and reinstatement fees, and not cancel policies for nonpayment unless the policyholder directs it. The order also extends nonrenewal notice periods to 120 days for property coverage and 60 days for auto coverage.