RCW 48.15.085
Liability of insurer assuming direct risk.
(1) If pursuant to the surplus lines provisions of this chapter an insurer has assumed direct risk under a coverage and the premium therefor has been paid to the broker who placed such insurance, the insurer shall be liable to the insured for unearned premiums payable upon cancellation of the insurance, whether or not the broker is indebted to the insurer for such premium or otherwise. This provision shall not affect rights as between the insurer and the broker.
(2) Each such insurer shall be deemed to have subjected itself to this section by acceptance of such direct risk.
[ 1959 c 225 § 5.]
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.