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Home » Budget » State budgets » 2021-23 Gov. Inslee's proposed budgets » Agency detail budgets » Office of Insurance Commissioner

Office of Insurance Commissioner

RCW 48.02

The Office of Insurance Commissioner is responsible for the regulation of the insurance industry in Washington state.

Agency Mission

To protect consumers, the public interest, and our state's economy through fair and efficient regulation of the insurance industry.
Request 72,015,000
Net change from current biennium (3,014,000) Decrease
Percent change from current biennium (4.0%) Decrease

Operating Budget: Summary

Appropriated Funds

2019-21 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2017-19 Actual 2019-21 Estimated 2021-23 Proposed
4,661,000 General Fund - Federal 2,645,755 4,661,000 4,631,000
General Fund - State
68,584,000 Insurance Commissioner's Regulatory - State 59,327,118 68,584,000 63,780,000
1,784,000 Insurance Commissioner's Fraud Acc - State 1,784,000 3,604,000
75,029,000 Total Appropriated Funds 61,972,873 75,029,000 72,015,000

Non-Appropriated Funds

2019-21 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2017-19 Actual 2019-21 Estimated 2021-23 Proposed
578,880 578,880 Info Tech Invest Rev Acct - Nonappropriated
578,880 578,880 Total Non-Appropriated Funds

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 32,249,801 33,381,848 14,278,502 35,934,000 36,081,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
4,651,647 8.1% (14,312,523) (23.1%) 24,354,649 51.1%

Employment Summary

  Actual Estimated Proposed
  2018-19 Actual 2019-20 Estimated 2020-21 Estimated 2021-22 Proposed 2022-23 Proposed
FTE Staff Years 235.9 242.3 239.7 260.9 270.8