RCW 48.12.060
Reserve—Disability insurance.
For all disability insurance policies the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the commissioner and, in no event, less in the aggregate than the pro rata gross unearned premiums for such policies.
[ 1973 1st ex.s. c 162 § 3; 1947 c 79 § .12.06; Rem. Supp. 1947 § 45.12.06.]
Structure Revised Code of Washington
Chapter 48.12 - Assets and Liabilities.
48.12.020 - Nonallowable assets.
48.12.040 - Unearned premium reserve, property, casualty, and surety insurance.
48.12.050 - Unearned premium reserve, marine and transportation insurance.
48.12.060 - Reserve—Disability insurance.
48.12.080 - Increased reserves.
48.12.090 - Loss reserves—Liability insurance.
48.12.100 - Unallocated liability loss expense.
48.12.110 - Schedule of experience.
48.12.140 - "Loss payments," "loss expense" defined.
48.12.170 - Valuation of bonds.
48.12.180 - Valuation of stocks.
48.12.190 - Valuation of property.
48.12.200 - Valuation of purchase money mortgages.
48.12.400 - Purpose—Intent—Declaration.
48.12.405 - Domestic ceding insurer—Asset or reduction from liability—Requirements.
48.12.410 - Assuming insurer—Licensed.
48.12.415 - Accredited as reinsurer—Assuming insurer—Requirements.
48.12.420 - Assuming insurer—Domiciled in this state or state with similar statutes.
48.12.425 - Assuming insurer maintains a trust fund—Payment of valid claims—Requirements.
48.12.435 - Assuming insurer not meeting certain requirements—Credit restricted.
48.12.440 - Assuming insurer not licensed, accredited, or certified—No credit—Exceptions.
48.12.455 - Ceding insurer—Reinsurance program.
48.12.462 - Reinsurance ceded to an assuming insurer—Reciprocal jurisdictions—Commissioner's duties.
48.12.464 - Reinsurance agreements—Commissioner may adopt rules.
48.12.465 - Definitions—Apply to RCW 48.12.460(3).
48.12.470 - Credit for reinsurance—Accounting or financial statement—After December 31, 1996.
48.12.475 - Assuming alien reinsurer—Registration—Requirements—Duties of commissioner—Costs.