(1) Except as otherwise provided by law, market conduct
oversight personnel shall have free, convenient, and full access
to all books, records, employees, officers, and directors, as
practicable, of the insurer during regular business hours.
(2) An insurer using a third-party model or product for any
of the activities under examination shall cause, upon the request
of market conduct oversight personnel, the details of such models
or products to be made available to such personnel.
(3) Each officer, director, employee, and agent of an
insurer shall facilitate and aid in a market conduct action or
examination.
(4) No waiver of any applicable privilege or claim of
confidentiality in the documents, materials, or information shall
occur as a result of disclosure to the commissioner, any employee
of the office of the insurance commissioner, or any agent
retained by the office of the insurance commissioner to assist in
the market conduct examination under this chapter.
(5)(a) The commissioner may take depositions, subpoena
witnesses or documentary evidence, administer oaths, and examine
under oath any individual relative to the affairs of any person
being examined, or relative to the subject of any hearing or
investigation: PROVIDED, That the provisions of RCW 34.05.446
shall apply in lieu of the provisions of this section as to
subpoenas relative to hearings in rule-making and adjudicative
proceedings.
(b) The subpoena shall be effective if served within the
state of Washington and shall be served in the same manner as if
issued from a court of record.
(c) Witness fees and mileage, if claimed, shall be allowed
the same as for testimony in a court of record. Witness fees,
mileage, and the actual expenses necessarily incurred in securing
attendance of witnesses and their testimony shall be itemized,
and shall be paid by the person as to whom the examination is
being made, or by the person if other than the commissioner, at
whose request the hearing is held.
(d) Enforcement of subpoenas shall be in accordance with RCW 34.05.588.
(6) In order to assist in the performance of the
commissioner's duties, the commissioner may:
(a) Share documents, materials, market conduct examination
reports, preliminary market conduct examination reports, and
other matters related to such reports, or other information,
including the confidential and privileged documents, materials,
or information subject to subsection (1) of this section, with
other state, federal, and international regulatory agencies and
law enforcement authorities, and the NAIC and its affiliates and
subsidiaries, provided that the recipient agrees to and asserts
that it has the legal authority to maintain the confidentiality
and privileged status of the document, material, communication,
or other information;
(b) Receive documents, materials, communications, or
information, including otherwise confidential and privileged
documents, materials, or information, from the NAIC and its
affiliates or subsidiaries, and from regulatory and law
enforcement officials of other foreign or domestic jurisdictions,
and shall maintain as confidential or privileged any document,
material, or information received with notice or the
understanding that it is confidential or privileged under the
laws of the jurisdiction that is the source of the document,
material, or information; and
(c) Enter into agreements governing the sharing and use of
information consistent with this subsection.
[2007 c 82 § 9.]