RCW 48.12.140
"Loss payments," "loss expense" defined.
"Loss payments" and "loss expense payments" as used with reference to liability and workers' compensation insurances shall include all payments to claimants, payments for medical and surgical attendance, legal expenses, salaries and expenses of investigators, adjusters and claims field representatives, rents, stationery, telegraph and telephone charges, postage, salaries and expenses of office employees, home office expenses and all other payments made on account of claims, whether such payments are allocated to specific claims or are unallocated.
[ 2009 c 549 § 7054; 1987 c 185 § 22; 1947 c 79 § .12.14; Rem. Supp. 1947 § 45.12.14.]
NOTES:
Intent—Severability—1987 c 185: See notes following RCW 51.12.130.
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.