™Your Policy Risk Impact Agent
102 chapters · 2,150 sections in this title.
RCW 48.201.010 Findings—Intent—2021 c 281.
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The legislature finds that creating a framework for Washington private entities and public institutions of higher education to manage their risks through captive insurers will facilitate the growth and safety of those entities and protect the public interest. The legislature furt…
RCW 48.201.020 Definitions.
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The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) "Affiliate" means an entity directly or indirectly controlling, controlled by, or under common control with another entity, such as a parent or a subsidiary corporatio…
RCW 48.201.030 Eligible captive insurer—Registration.
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(1) Within 120 days after May 12, 2021, or, if later, within 120 days after first issuing a policy that covers Washington risks, an entity acting as an eligible captive insurer must register with the commissioner. (2) The commissioner will approve an eligible captive insurer's re…
RCW 48.201.040 Tax on premiums—Remittance.
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(1) On or before the first day of March of each year, a registered eligible captive insurer must remit to the state treasurer through the commissioner a tax in the amount of two percent of the premiums, exclusive of returned premiums and sums collected to cover federal and state …
