The definitions in this section apply throughout WAC 284-07-720
unless the context clearly requires otherwise.
(1) "Commissioner" means the insurance commissioner of this state.
(2) "Insurance group" means those insurers and affiliates included within an insurance holding company system as defined in RCW 48.31B.005
(3) "Insurer" has the same meaning as set forth in RCW 48.31B.005
, except that it does not include agencies, authorities or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state.
(4) "Senior management" means any corporate officer responsible for reporting information to the board of directors at regular intervals or providing this information to shareholders or regulators and shall include, for example and without limitation, the chief executive officer (CEO), chief financial officer (CFO), chief operations officer (COO), chief procurement officer (CPO), chief legal officer (CLO), chief information officer (CIO), chief technology officer (CTO), chief revenue officer (CRO), chief visionary officer (CVO), or any other "C" level executive.
[Statutory Authority: RCW 48.02.060
and chapter 48.195
RCW. WSR 18-20-090 (Matter No. R 2018-02), § 284-07-710, filed 10/1/18, effective 1/1/19.]