RCW 48.05.185
Fine in addition or in lieu of suspension, revocation, or refusal.
After hearing or with the consent of the insurer and in addition to or in lieu of the suspension, revocation, or refusal to renew any certificate of authority the commissioner may levy a fine upon the insurer in an amount not less than two hundred fifty dollars and not more than ten thousand dollars. The order levying such fine shall specify the period within which the fine shall be fully paid and which period shall not be less than fifteen nor more than thirty days from the date of such order. Upon failure to pay any such fine when due the commissioner shall revoke the certificate of authority of the insurer if not already revoked, and the fine shall be recovered in a civil action brought in behalf of the commissioner by the attorney general. Any fine so collected shall be paid by the commissioner to the state treasurer for the account of the general fund.
[ 1980 c 102 § 1; 1975 1st ex.s. c 266 § 3; 1965 ex.s. c 70 § 3.]
NOTES:
Severability—1975 1st ex.s. c 266: See note following RCW 48.01.010.
Structure Revised Code of Washington
Chapter 48.05 - Insurers—General Requirements.
48.05.010 - "Domestic," "foreign," "alien" insurers defined.
48.05.030 - Certificate of authority required.
48.05.040 - Certificate of authority—Qualifications.
48.05.045 - Certificate of authority not to be issued to governmentally owned insurer.
48.05.050 - "Charter" defined.
48.05.060 - "Capital funds" defined.
48.05.070 - Application for certificate of authority.
48.05.073 - Filing of financial statements.
48.05.080 - Foreign insurers—Deposit.
48.05.090 - Alien insurers—Assets required—Trust deposit.
48.05.100 - Alien insurers—Deposit resolution.
48.05.105 - Foreign or alien insurers—Three years active transacting required—Exception.
48.05.110 - Issuance of certificate of authority.
48.05.120 - Certificate of authority—Duration, renewal, amendment.
48.05.130 - Certificate of authority—Mandatory refusal, revocation, suspension.
48.05.140 - Certificate of authority—Discretionary refusal, revocation, suspension.
48.05.150 - Notice of intention to refuse, revoke, or suspend.
48.05.160 - Period of suspension.
48.05.170 - Reauthorization, limitation upon.
48.05.185 - Fine in addition or in lieu of suspension, revocation, or refusal.
48.05.200 - Commissioner as attorney for service of process—Exception.
48.05.220 - Venue of actions against insurer.
48.05.270 - Alien insurer—Capital funds, determination.
48.05.280 - Records and accounts of insurers.
48.05.290 - Withdrawal of insurer—Reinsurance.
48.05.320 - Reports of fire losses.
48.05.330 - Insurers—Combination of kinds of insurance authorized—Exceptions.
48.05.340 - Capital and surplus requirements.
48.05.350 - General casualty insurer combining disability, fidelity, insurance.
48.05.380 - Reports by property and casualty insurers—Rules.
48.05.383 - Statement of actuarial opinion—Property and casualty insurance.
48.05.385 - Statement of actuarial opinion—Property and casualty insurance—Confidentiality.
48.05.390 - Reports by various insurers—Contents.
48.05.400 - Annual filing and fee to National Association of Insurance Commissioners—Penalty.
48.05.410 - Health care practitioner risk management training.
48.05.440 - Company action level event—Definition—RBC plan—Commissioner's review.
48.05.445 - Regulatory action level event—Definition—Commissioner's duties—Corrective actions.
48.05.450 - Authorized control level event—Definition—Commissioner's duties.
48.05.455 - Mandatory control level event—Definition—Commissioner's duties.
48.05.460 - Insurer's right to a hearing—Request—Commissioner sets date.
48.05.480 - No liability for regulation of capital and surplus requirements.
48.05.485 - Notices by commissioner—When effective.
48.05.515 - Material acquisitions or dispositions.
48.05.520 - Asset acquisitions—Asset dispositions.
48.05.525 - Report of a material acquisition or disposition of assets—Information required.
48.05.530 - Material nonrenewals, cancellations, or revisions of ceded reinsurance agreements.