Revised Code of Washington
Chapter 48.62 - Local Government Insurance Transactions.
48.62.011 - Legislative intent—Construction.

RCW 48.62.011
Legislative intent—Construction.

(1) This chapter is intended to provide the exclusive source of local government entity authority to individually or jointly self-insure risks, jointly purchase insurance or reinsurance, and to contract for risk management, claims, and administrative services. This chapter shall be liberally construed to grant local government entities maximum flexibility in self-insuring to the extent the self-insurance programs are operated in a safe and sound manner. This chapter is intended to require prior approval for the establishment of every individual local government self-insured employee health and welfare benefit program and every joint local government self-insurance program. In addition, this chapter is intended to require every local government entity that establishes a self-insurance program not subject to prior approval to notify the state of the existence of the program and to comply with the regulatory and statutory standards governing the management and operation of the programs as provided in this chapter. This chapter is not intended to authorize or regulate self-insurance of unemployment compensation under chapter 50.44 RCW, or industrial insurance under chapter 51.14 RCW.
(2) This chapter is further intended to enable the board of pilotage commissioners to participate in a local government joint self-insurance program covering liability risks.

[ 2019 c 26 § 1; 1991 sp.s. c 30 § 1.]

Structure Revised Code of Washington

Revised Code of Washington

Title 48 - Insurance

Chapter 48.62 - Local Government Insurance Transactions.

48.62.011 - Legislative intent—Construction.

48.62.021 - Definitions.

48.62.031 - Authority to self-insure—Options—Risk manager.

48.62.034 - Joint self-insurance program—Actions authorized.

48.62.037 - Board of pilotage commissioners—Participation in joint self-insurance program—Liability insurance coverage.

48.62.061 - Rule making by state risk manager—Standards.

48.62.071 - Program approval required—State risk manager—Plan of management and operation.

48.62.081 - Multistate program participants—Requirements.

48.62.091 - Program approval or disapproval—Procedures—Annual report.

48.62.101 - Access to information—Executive sessions—Public records act.

48.62.111 - Investments—Designated treasurer—Deposit requirements—Bond.

48.62.121 - General operating regulations—Employee remuneration—Governing control—School districts—Use of insurance producers and surplus line brokers—Health care services—Trusts.

48.62.123 - Existing benefit program established as a trust—Risk manager—Limited extension of deadline for compliance.

48.62.125 - Educational service districts—Rules—Superintendent of public instruction.

48.62.131 - Preexisting programs—Notice to state auditor.

48.62.141 - Insufficient assets—Program requirement.

48.62.151 - Insurance premium taxes—Exemption.

48.62.161 - Establishment of fee to cover costs—State risk manager.

48.62.171 - Dissemination of information—Civil immunity.

48.62.900 - Effective date, implementation, application—1991 sp.s. c 30.