RCW 48.05.470
Regulation of capital and surplus requirements is supplemental—Commissioner may grant exemptions.
(1) The provisions of RCW 48.05.430 through * 48.05.490 are supplemental to any other provisions of the laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including, but not limited to, chapter 48.31 RCW.
(2) The commissioner may exempt any domestic property and casualty insurer from RCW 48.05.430 through * 48.05.490, if the insurer:
(a) Writes direct business only in this state;
(b) Writes direct annual premiums of two million dollars or less; and
(c) Assumes no reinsurance in excess of five percent of direct premiums written.
[ 1995 c 83 § 9.]
NOTES:
*Reviser's note: RCW 48.05.490 was repealed by 2006 c 25 § 11.
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.