(1) A nonprofit joint underwriting association for midwifery and birthing centers malpractice insurance is hereby established. Membership in the association shall be mandatory for all insurers that on or after July 25, 1993, possess a certificate of authority to write medical malpractice, general casualty insurance, or both, within this state. Every such insurer shall be and remain a member of the association and fulfill all its membership obligations as a condition of its authority to continue to transact property and casualty insurance business in this state. An insurer ceases to be a member insurer upon surrender of its certificate of authority to transact insurance in this state.
(2) The association shall remain inactive, except for the actions of the board enumerated in WAC
284-87-050 through
284-87-080, until it is activated by the commissioner as provided in WAC
284-87-040.
[Statutory Authority: RCW
48.02.060 and
48.87.100. WSR 95-05-034, § 284-87-030, filed 2/8/95, effective 3/11/95; WSR 94-02-053 (Order R 93-18), § 284-87-030, filed 12/30/93, effective 1/30/94.]