RCW 48.15.020
Solicitation by unauthorized insurer prohibited—Personal liability.
(1) An insurer that is not authorized by the commissioner may not solicit insurance business in this state or transact insurance business in this state, except as provided in this chapter.
(2)(a) A person may not, in this state, represent an unauthorized insurer except as provided in this chapter. This subsection does not apply to any adjuster or attorney-at-law representing an unauthorized insurer from time to time in this state in his or her professional capacity.
(b) A person, other than a duly licensed surplus line broker acting in good faith under his or her license, who makes a contract of insurance in this state, directly or indirectly, on behalf of an unauthorized insurer, without complying with the provisions of this chapter, is personally liable for the performance of such contract.
(3) Each violation of subsection (2) of this section constitutes a separate offense punishable by a fine of not more than twenty-five thousand dollars, and the commissioner, at the commissioner's discretion, may order replacement of policies improperly placed with an unauthorized insurer with policies issued by an authorized insurer. Violations may result in suspension or revocation of a license.
[ 2003 c 250 § 2; 1992 c 149 § 1; 1983 1st ex.s. c 32 § 3; 1980 c 102 § 2; 1947 c 79 § .15.02; Rem. Supp. 1947 § 45.15.02.]
NOTES:
Severability—2003 c 250: See note following RCW 48.01.080.
Structure Revised Code of Washington
Chapter 48.15 - Unauthorized Insurers.
48.15.020 - Solicitation by unauthorized insurer prohibited—Personal liability.
48.15.023 - Unauthorized activities—Acts committed in this state—Sanctions.
48.15.025 - Application of other chapters to surplus line brokers.
48.15.030 - Validity of contracts illegally effectuated.
48.15.039 - National database—Surplus line brokers.
48.15.040 - "Surplus line" coverage.
48.15.043 - Diligent effort requirement—Exempt commercial purchaser.
48.15.050 - Endorsement of contract.
48.15.060 - Validity of contracts.
48.15.070 - Surplus line brokers—Licensing—Bond—Renewal.
48.15.073 - Nonresident surplus line brokers—Licensing—Reciprocity—Service of process.
48.15.080 - Licensed surplus line broker may accept business.
48.15.085 - Liability of insurer assuming direct risk.
48.15.090 - Solvent insurer required—Rules.
48.15.100 - Record of surplus line broker.
48.15.103 - Use of business name—Place of business—Duties of surplus line broker.
48.15.110 - Broker's annual statement.
48.15.120 - Premium tax—Surplus lines.
48.15.130 - Penalty for default.
48.15.140 - Revocation, suspension, or failure to renew surplus line broker's license—Civil penalty.
48.15.142 - Suspension for failure to comply with support order.
48.15.150 - Legal process against surplus line insurer.
48.15.160 - Exemptions from surplus line requirements.
48.15.170 - Records of insureds—Inspection.
48.15.180 - Surplus line broker's fiduciary capacity—Violations.
48.15.185 - Determination of qualifications and competence by state—Unlawful use of questions.