Title 48 — Title 48 INSURANCE
101 chapters · 2,134 sections in this title.
RCW 48.97.005 Definitions.
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Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.(1) "Accredited state" means a state in which the insurance department or regulatory agency has qualified as meeting the minimum financial regulatory standards promulgated…
RCW 48.97.010 Application.
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This chapter applies to licensed insurers either domiciled in this state or domiciled in a state that is not an accredited state having in effect a substantially similar law. All provisions of the Insurer Holding Company Act, chapter 48.31B RCW, or its successor act, to the exten…
RCW 48.97.015 Business placed with a controlled insurer—Application of section—Exceptions—Written contract required—Audit committee—Report to commissioner.
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(1)(a) This section applies in a particular calendar year if in that calendar year the aggregate amount of gross written premium on business placed with a controlled insurer by a controlling producer is equal to or greater than five percent of the admitted assets of the controlle…
RCW 48.97.020 Relationship between producer and controlled insurer—Producer's duty to disclose—Subproducers.
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The producer, before the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer, except that, if the business is placed through a subproducer who is not a controlling produc…
RCW 48.97.025 Producer's failure to comply with chapter—Commissioner's power—Damages—Penalties.
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(1)(a) If the commissioner believes that the controlling producer has not materially complied with this chapter, or a rule adopted or order issued under this chapter, the commissioner may after notice and opportunity to be heard, order the controlling producer to cease placing bu…
RCW 48.97.900 Short title.
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This chapter may be known and cited as the business transacted with producer-controlled property and casualty insurer act.[ 2008 c 217 s 79; 1993 c 462 s 16.]Notes:Severability—Effective date—2008 c 217: See notes following RCW 48.03.020.
RCW 48.97.901 Severability—Implementation—1993 c 462.
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See RCW 48.31B.901 and 48.31B.902.