Title 48 — Title 48 INSURANCE
101 chapters · 2,134 sections in this title.
RCW 48.11.020 "Life insurance" defined.
0.5K chars
"Life insurance" is insurance on human lives and insurances appertaining thereto or connected therewith. For the purposes of this code the transacting of life insurance includes the granting of annuities and endowment benefits; additional benefits in event of death by accident; a…
RCW 48.11.030 "Disability insurance" defined—"Stop loss insurance" defined.
0.5K chars
"Disability insurance" is insurance against bodily injury, disablement or death by accident, against disablement resulting from sickness, and every insurance appertaining thereto including stop loss insurance. "Stop loss insurance" is insurance against the risk of economic loss a…
RCW 48.11.040 "Property insurance" defined.
0.3K chars
"Property insurance" is insurance against loss of or damage to real or personal property of every kind and any interest therein, from any or all hazard or cause, and against loss consequential upon such loss or damage.[1947 c 79 s .11.04; Rem. Supp. 1947 s 45.11.04.]
RCW 48.11.050 "Marine and transportation insurance" defined.
2.2K chars
"Marine and transportation insurance" is:(1) Insurance against loss of or damage to:(a) Vessels, craft, aircraft, vehicles, goods, freights, cargoes, merchandise, effects, disbursements, profits, moneys, securities, choses in action, evidences of debt, valuable papers, bottomry, …
RCW 48.11.060 "Vehicle insurance" defined.
0.8K chars
(1) "Vehicle insurance" is insurance against loss or damage to any land vehicle or aircraft or any draft or riding animal or to property while contained therein or thereon or being loaded or unloaded therein or therefrom, and against any loss or liability resulting from or incide…
RCW 48.11.070 "General casualty insurance" defined.
2.2K chars
"General casualty insurance" includes vehicle insurance as defined in RCW 48.11.060, and in addition is insurance:(1) Against legal liability for the death, injury, or disability of any human being, or for damage to property.(2) Of medical, hospital, surgical and funeral benefits…
RCW 48.11.080 "Surety insurance" defined.
1.3K chars
"Surety insurance" includes:(1) Credit insurance as defined in subdivision (9) of RCW 48.11.070.(2) Bail bond insurance.(3) Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust.(4) Guaranteeing the performance of…
RCW 48.11.100 "Title insurance" defined.
0.3K chars
"Title insurance" is insurance of owners of property or others having an interest in real property, against loss by encumbrance, or defective titles, or adverse claim to title, and associated services.[ 2005 c 223 s 3; 1947 c 79 s .11.10; Rem. Supp. 1947 s 45.11.10.]
RCW 48.11.105 "Ocean marine and foreign trade insurances" defined.
1.0K chars
For the purposes of this code other than as to chapter 48.19 RCW "ocean marine and foreign trade insurances" shall include only:(1) Insurances upon vessels, crafts, hulls, and of interests therein or with relation thereto;(2) Insurance of marine builders' risks, marine war risks,…
RCW 48.11.130 Reinsurance powers.
0.3K chars
A domestic mutual assessment insurer shall not have authority to accept reinsurance. Any other domestic insurer may accept reinsurance only of such kinds of insurance as it is authorized to transact direct.[1947 c 79 s .11.13; Rem. Supp. 1947 s 45.11.13.]
RCW 48.11.140 Limitation of single risk.
1.3K chars
(1) An insurer may not retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding ten percent of its surplus to policyholders.(2) For the purposes of this section, a "subject of insurance" as to insurance…