Chapter 48.12 RCW
ASSETS AND LIABILITIES
Sections
Repealed.
Repealed.
Repealed.
Repealed.
Repealed.
Recodified as RCW 48.12.470.
Recodified as RCW 48.12.475.
Repealed.
CREDIT FOR REINSURANCE
Purpose—Intent—Declaration.
Domestic ceding insurer—Asset or reduction from liability—Requirements.
Assuming insurer—Licensed.
Accredited as reinsurer—Assuming insurer—Requirements.
Assuming insurer—Domiciled in this state or state with similar statutes.
Assuming insurer maintains a trust fund—Payment of valid claims—Requirements.
Assuming insurer—Certified as reinsurer—Eligibility requirements—Insurer obligations—Commissioner's duties.
Assuming insurer not meeting certain requirements—Credit restricted.
Assuming insurer not licensed, accredited, or certified—No credit—Exceptions.
Assuming insurer does not meet certain requirements—Trust agreements—Necessary conditions.
Accredited or certified reinsurer does not meet requirements—Commissioner may suspend or revoke.
Ceding insurer—Reinsurance program.
Reinsurance ceded by domestic insurer to assuming insurer not meeting requirements—When asset or reduction from liability allowed.
Definitions—Apply to RCW 48.12.460(3).
Credit for reinsurance—Accounting or financial statement—After December 31, 1996.
Assuming alien reinsurer—Registration—Requirements—Duties of commissioner—Costs.
Rules.
Application of chapter 63, Laws of 2015.