Title 48 — Title 48 INSURANCE
101 chapters · 2,134 sections in this title.
RCW 48.03.005 Application.
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This chapter applies to the financial analysis and examination of insurers and other regulated entities.[ 2007 c 82 s 1.]
RCW 48.03.010 Examination of insurers, bureaus.
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(1) The commissioner shall examine the affairs, transactions, accounts, records, documents, and assets of each authorized insurer as often as he or she deems advisable. The commissioner shall so examine each insurer holding a certificate of authority or certificate of registratio…
RCW 48.03.020 Examination of producers, surplus line brokers, adjusters, title insurance agents, managers, or promoters.
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For the purpose of ascertaining its condition, or compliance with this code, the commissioner may as often as he or she deems advisable examine the accounts, records, documents, and transactions of:(1) Any insurance producer, surplus line broker, adjuster, or title insurance agen…
RCW 48.03.025 Examiners—Scope of examination—Examiners' handbook.
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Upon determining that an examination should be conducted, the commissioner or the commissioner's designee shall appoint one or more examiners to perform the examination and instruct them as to the scope of the examination. In conducting the examination, the examiner shall observe…
RCW 48.03.030 Access to records on examination—Correction of accounts.
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(1) Every person being examined, its officers, employees, and representatives shall produce and make freely accessible to the commissioner the accounts, records, documents, and files in his or her possession or control relating to the subject of the examination, and shall otherwi…
RCW 48.03.040 Examination reports—Consideration by commissioner—Orders—Confidentiality.
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(1) No later than sixty days after completion of each examination, the commissioner shall make a full written report of each examination made by him or her containing only facts ascertained from the accounts, records, and documents examined and from the sworn testimony of individ…
RCW 48.03.050 Reports withheld.
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The commissioner may withhold from public inspection any examination or investigation report for so long as he or she deems it advisable, subject to RCW 48.32.080.[ 1993 c 462 s 46; 1947 c 79 s .03.05; Rem. Supp. 1947 s 45.03.05.]Notes:Severability—Implementation—1993 c 462: See …
RCW 48.03.060 Examination expense.
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(1) Examinations within this state of any insurer or self-funded multiple employer welfare arrangement as defined in RCW 48.125.010 domiciled or having its home offices in this state, other than a title insurer, made by the commissioner or the commissioner's examiners and employe…
RCW 48.03.065 Appointments by commissioner—Examiners—Exceptions.
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(1) No examiner may be appointed by the commissioner if the examiner, either directly or indirectly, has a conflict of interest or is affiliated with the management of or owns a pecuniary interest in a person subject to examination under this chapter. This section does not automa…
RCW 48.03.070 Witnesses—Subpoenas—Depositions—Oaths.
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(1) The commissioner may take depositions, may 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 …
RCW 48.03.075 Legal protection for commissioner, authorized representatives, and examiners—Good faith—Attorneys' fees—Payment by commissioner.
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(1) No cause of action may arise nor may any liability be imposed against the commissioner, the commissioner's authorized representatives, or an examiner appointed by the commissioner for statements made or conduct performed in good faith while carrying out this chapter.(2) No ca…