Senate approves insurance rate bill

Seattle Post-Intelligencer, January 31, 2008

Pushed by public outcry over large rate increases that coincided with record industry profits, the Senate passed SB5261 on a 31-18 vote, which restores the insurance commissioner's authority to review rates in that market. The bill is expected to move easily through the House and to the governor's desk for signature, in part because the industry has lost credibility among leading Democrats.