reglab/housing_qa huggingface dataset:
WA Rev Code § 48.11.050 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.050 - "Marine and transportation insurance" defined.

RCW 48.11.050 "Marine and transportation insurance" defined."Marine and transportation insurance" is:(1) Insurance against loss of or damage to:(a) Vessels, craft, aircraft, vehicles, goods, freights, cargoes, merchandise, effects, disbursements, profits, moneys, securities, choses in action, evidences of debt, valuable papers, bottomry, and respondentia interests and all other kinds of property and interests therein, in respect to, appertaining to or in connection with any and all risks or perils of navigation, transit or transportation, or while being assembled, packed, crated, baled, compressed or similarly prepared for shipment or while awaiting shipment, or during any delays, storage, transshipment, or reshipment incident thereto, including war risks, marine builder's risks, and all personal property floater risks.(b) Person or property in connection with or appertaining to a marine, transit or transportation insurance, including liability for loss of or damage to either incident to the construction, repair, operation, maintenance or use of the subject matter of such insurance (but not including life insurance or surety bonds nor insurance against loss by reason of bodily injury to any person arising out of the ownership, maintenance, or use of automobiles).(c) Precious stones, jewels, jewelry, precious metals, whether in course of transportation or otherwise.(d) Bridges, tunnels and other instrumentalities of transportation and communication (excluding buildings, their furniture and furnishings, fixed contents and supplies held in storage); piers, wharves, docks and slips, and other aids to navigation and transportation, including dry docks and marine railways, dams and appurtenant facilities for the control of waterways.(2) "Marine protection and indemnity insurance," meaning insurance against, or against legal liability of the insured for, loss, damage, or expense incident to ownership, operation, chartering, maintenance, use, repair or construction of any vessel, craft or instrumentality in use in ocean or inland waterways, including liability of the insured for personal injury, illness or death or for loss of or damage to the property of another person.[1947 c 79 § .11.05; Rem. Supp. 1947 § 45.11.05.]
WA Rev Code § 48.11.060 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.060 - "Vehicle insurance" defined.

RCW 48.11.060 "Vehicle insurance" defined.(1) "Vehicle insurance" is insurance against loss or damage to any land vehicle or aircraft or any draft or riding animal or to property while contained therein or thereon or being loaded or unloaded therein or therefrom, and against any loss or liability resulting from or incident to ownership, maintenance, or use of any such vehicle or aircraft or animal.(2) Insurance against accidental death or accidental injury to individuals while in, entering, alighting from, adjusting, repairing, cranking, or caused by being struck by a vehicle, aircraft, or draft or riding animal, if such insurance is issued as part of insurance on the vehicle, aircraft, or draft or riding animal, shall be deemed to be vehicle insurance.[1947 c 79 § .11.06; Rem. Supp. 1947 § 45.11.06.]
WA Rev Code § 48.11.070 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.070 - "General casualty insurance" defined.

RCW 48.11.070 "General casualty insurance" defined."General casualty insurance" includes vehicle insurance as defined in RCW 48.11.060, and in addition is insurance:(1) Against legal liability for the death, injury, or disability of any human being, or for damage to property.(2) Of medical, hospital, surgical and funeral benefits to persons injured, irrespective of legal liability of the insured, when issued with or supplemental to insurance against legal liability for the death, injury or disability of human beings.(3) Of the obligations accepted by, imposed upon, or assumed by employers under law for workers' compensation.(4) Against loss or damage by burglary, theft, larceny, robbery, forgery, fraud, vandalism, malicious mischief, confiscation or wrongful conversion, disposal or concealment, or from any attempt of any of the foregoing; also insurance against loss of or damage to moneys, coins, bullion, securities, notes, drafts, acceptances or any other valuable papers or documents, resulting from any cause, except while in the custody or possession of and being transported by any carrier for hire or in the mail.(5) Upon personal effects against loss or damage from any cause.(6) Against loss or damage to glass, including its lettering, ornamentation and fittings.(7) Against any liability and loss or damage to property resulting from accidents to or explosions of boilers, pipes, pressure containers, machinery, or apparatus and to make inspection of and issue certificates of inspection upon elevators, boilers, machinery, and apparatus of any kind.(8) Against loss or damage to any property caused by the breakage or leakage of sprinklers, water pipes and containers, or by water entering through leaks or openings in buildings.(9) Against loss or damage resulting from failure of debtors to pay their obligations to the insured (credit insurance).(10) Against any other kind of loss, damage, or liability properly the subject of insurance and not within any other kind or kinds of insurance as defined in this chapter, if such insurance is not contrary to law or public policy.[ 1987 c 185 § 18; 1953 c 197 § 5; 1947 c 79 § .11.07; Rem. Supp. 1947 § 45.11.07.]NOTES:Intent—Severability—1987 c 185: See notes following RCW 51.12.130.
WA Rev Code § 48.11.080 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.080 - "Surety insurance" defined.

RCW 48.11.080 "Surety insurance" defined."Surety insurance" includes:(1) Credit insurance as defined in subdivision (9) of RCW 48.11.070.(2) Bail bond insurance.(3) Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust.(4) Guaranteeing the performance of contracts, other than insurance policies, and guaranteeing and executing bonds, undertakings, and contracts of suretyship.(5) Indemnifying banks, bankers, brokers, financial or moneyed corporations or associations against loss resulting from any cause of bills of exchange, notes, bonds, securities, evidence of debts, deeds, mortgages, warehouse receipts, or other valuable papers, documents, money, precious metals and articles made therefrom, jewelry, watches, necklaces, bracelets, gems, precious and semiprecious stones, including any loss while the same are being transported in armored motor vehicles, or by messenger, but not including any other risks of transportation or navigation; also against loss or damage to such an insured's premises, or to his or her furnishings, fixtures, equipment, safes and vaults therein, caused by burglary, robbery, theft, vandalism or malicious mischief, or any attempt thereat.[ 2009 c 549 § 7051; 1967 c 150 § 8; 1947 c 79 § .11.08; Rem. Supp. 1947 § 45.11.08.]
WA Rev Code § 48.11.100 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.100 - "Title insurance" defined.

RCW 48.11.100 "Title insurance" defined."Title insurance" is insurance of owners of property or others having an interest in real property, against loss by encumbrance, or defective titles, or adverse claim to title, and associated services.[ 2005 c 223 § 3; 1947 c 79 § .11.10; Rem. Supp. 1947 § 45.11.10.]
WA Rev Code § 48.11.105 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.105 - "Ocean marine and foreign trade insurances" defined.

RCW 48.11.105 "Ocean marine and foreign trade insurances" defined.For the purposes of this code other than as to chapter 48.19 RCW "ocean marine and foreign trade insurances" shall include only:(1) Insurances upon vessels, crafts, hulls, and of interests therein or with relation thereto;(2) Insurance of marine builders' risks, marine war risks, and contracts of marine protection and indemnity insurance;(3) Insurance of freights and disbursements pertaining to a subject of insurance coming within this definition;(4) Insurance of personal property and interests therein, in course of exportation from or importation into any country, or in course of transportation coastwise, including transportation by land, water, or air from point of origin to final destination, in respect to, appertaining to, or in connection with, any and all risks or perils of navigation, transit, or transportation, and while being prepared for and while awaiting shipment, and during any delays, storage, transshipment, or reshipment incident thereto.[ 2007 c 80 § 5.]
WA Rev Code § 48.11.130 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.130 - Reinsurance powers.

RCW 48.11.130 Reinsurance powers.A domestic mutual assessment insurer shall not have authority to accept reinsurance. Any other domestic insurer may accept reinsurance only of such kinds of insurance as it is authorized to transact direct.[1947 c 79 § .11.13; Rem. Supp. 1947 § 45.11.13.]
WA Rev Code § 48.11.140 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.11 - Insuring Powers.|48.11.140 - Limitation of single risk.

RCW 48.11.140 Limitation of single risk.(1) An insurer may not retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding ten percent of its surplus to policyholders.(2) For the purposes of this section, a "subject of insurance" as to insurance against fire includes all properties insured by the same insurer that are reasonably subject to loss or damage from the same fire.(3) Reinsurance in an alien reinsurer not qualified under *RCW 48.12.166 may not be deducted in determining risk retained for the purposes of this section.(4) In the case of surety insurance, the net retention shall be computed after deduction of reinsurances, the amount assumed by any co-surety, the value of any security deposited, pledged, or held subject to the consent of the surety and for the protection of the surety.(5) This section does not apply to life insurance, disability insurance, title insurance, or insurance of marine risks or marine protection and indemnity risks.[ 2005 c 223 § 4; 1993 c 462 § 53; 1983 c 3 § 149; 1959 c 225 § 2; 1947 c 79 § .11.14; Rem. Supp. 1947 § 45.11.14.]NOTES:*Reviser's note: RCW 48.12.166 was recodified as RCW 48.12.475 pursuant to 2015 c 63 § 17.Severability—Implementation—1993 c 462: See RCW 48.31B.901 and 48.31B.902.
WA Rev Code § 48.12.020 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.020 - Nonallowable assets.

RCW 48.12.020 Nonallowable assets.In addition to assets impliedly excluded under RCW 48.12.010, the following expressly shall not be allowed as assets in any determination of the financial condition of an insurer:(1) Goodwill, except in accordance with regulations prescribed by the commissioner, trade names, agency plants and other like intangible assets.(2) Prepaid or deferred charges for expenses and commissions paid by the insurer.(3) Advances to officers (other than policy loans or loans made pursuant to RCW 48.07.130), whether secured or not, and advances to employees, agents and other persons on personal security only.(4) Stock of such insurer, owned by it, or any equity therein or loans secured thereby, or any proportionate interest in such stock through the ownership by such insurer of an interest in another firm, corporation or business unit.(5) Furniture, furnishings, fixtures, safes, equipment, vehicles, library, stationery, literature, and supplies; except, electronic and mechanical machines authorized by subsection (11) of RCW 48.12.010, or such personal property as the insurer is permitted to hold pursuant to paragraph (e) of subsection (2) of *RCW 48.13.160, or which is acquired through foreclosure of chattel mortgages acquired pursuant to *RCW 48.13.150, or which is reasonably necessary for the maintenance and operation of real estate lawfully acquired and held by the insurer other than real estate used by it for home office, branch office, and similar purposes.(6) The amount, if any, by which the aggregate book value of investments as carried in the ledger assets of the insurer exceeds the aggregate value thereof as determined under this code.[ 1982 c 218 § 1; 1963 c 195 § 12; 1947 c 79 § .12.02; Rem. Supp. 1947 § 45.12.02.]NOTES:*Reviser's note: RCW 48.13.150 and 48.13.160 were repealed by 2011 c 188 § 22, effective July 1, 2012.Severability—1982 c 218: "If any provision of this amendatory act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1982 c 218 § 7.]
WA Rev Code § 48.12.030 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.030 - Liabilities.

RCW 48.12.030 Liabilities.In any determination of the financial condition of an insurer, liabilities to be charged against its assets shall include:(1) The amount of its capital stock outstanding, if any; and(2) The amount, estimated consistent with the provisions of this chapter, necessary to pay all of its unpaid losses and claims incurred on or prior to the date of statement, whether reported or unreported, together with the expense of adjustment or settlement thereof; and(3) With reference to life and disability insurance, and annuity contracts,(a) the amount of reserves on life insurance policies and annuity contracts in force (including disability benefits for both active and disabled lives, and accidental death benefits, in or supplementary thereto) and disability insurance, valued according to the tables of mortality, tables of morbidity, rates of interest, and methods adopted pursuant to this chapter which are applicable thereto; and(b) any additional reserves which may be required by the commissioner, consistent with practice formulated or approved by the National Association of Insurance Commissioners, on account of such insurances; and(4) With reference to insurances other than those specified in subdivision (3) of this section, and other than title insurance, the amount of reserves equal to the unearned portions of the gross premiums charged on policies in force, computed in accordance with this chapter; and(5) Taxes, expenses, and other obligations accrued at the date of the statement; and(6) Any additional reserve set up by the insurer for a specific liability purpose or required by the commissioner consistent with practices adopted or approved by the National Association of Insurance Commissioners.[ 1973 1st ex.s. c 162 § 1; 1947 c 79 § .12.03; Rem. Supp. 1947 § 45.12.03.]
WA Rev Code § 48.12.040 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.040 - Unearned premium reserve, property, casualty, and surety insurance.

RCW 48.12.040 Unearned premium reserve, property, casualty, and surety insurance.(1) With reference to insurances against loss or damage to property, except as provided in RCW 48.12.050, and with reference to all general casualty insurances, and surety insurances, every insurer shall maintain an unearned premium reserve on all policies in force.(2) The commissioner may require that such reserve shall be equal to the unearned portions of the gross premiums in force after deducting authorized reinsurance, as computed on each respective risk from the policy's date of issue. If the commissioner does not so require, the portions of the gross premiums in force, less authorized reinsurance, to be held as a premium reserve, shall be computed according to the following table:Term for which policyReserve forwas writtenunearned premiumOne year, or less. . . . 1/2Two years. . . .First year3/4 Second year1/4Three years. . . .First year5/6 Second year1/2 Third year1/6Four years. . . .First year7/8 Second year5/8 Third year3/8 Fourth year1/8Five years. . . .First year9/10 Second year7/10 Third year1/2 Fourth year3/10 Fifth year1/10Over five years. . . .Pro rata (3) In lieu of computation according to such table, all of such reserves may be computed, at the insurer's option, on a monthly pro rata basis.(4) After adopting any one of the methods for computing such reserve an insurer shall not change methods without the commissioner's approval.(5) If, for certain policies, the insurer's exposure to loss is uneven over the policy term, the commissioner may grant permission to the insurer to use a different method of calculating the unearned premium reserve on those certain policies.[ 1995 c 35 § 1; 1973 1st ex.s. c 162 § 2; 1947 c 79 § .12.04; Rem. Supp. 1947 § 45.12.04.]
WA Rev Code § 48.12.050 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.050 - Unearned premium reserve, marine and transportation insurance.

RCW 48.12.050 Unearned premium reserve, marine and transportation insurance.With reference to marine and transportation insurances, premiums on trip risks not terminated shall be deemed unearned and the commissioner may require the insurer to carry a reserve thereon equal to one hundred percent on trip risks written during the month ended as of the date of statement; and computed upon a pro rata basis or, with the commissioner's consent, in accordance with the alternative methods provided in RCW 48.12.040 for all other risks.[1947 c 79 § .12.05; Rem. Supp. 1947 § 45.12.05.]
WA Rev Code § 48.12.060 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.060 - Reserve—Disability insurance.

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.]
WA Rev Code § 48.12.070 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.070 - Loss records.

RCW 48.12.070 Loss records.An insurer shall maintain a complete and itemized record showing all losses and claims as to which it has received notice, including with regard to property, casualty, surety, and marine and transportation insurances, all notices received of the occurrence of any event which may result in a loss.[1947 c 79 § .12.07; Rem. Supp. 1947 § 45.12.07.]
WA Rev Code § 48.12.080 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.080 - Increased reserves.

RCW 48.12.080 Increased reserves.(1) If the commissioner determines that an insurer's unearned premium reserves, however computed, are inadequate, he or she may require the insurer to compute such reserves or any part thereof according to such other method or methods as are prescribed in this chapter.(2) If the loss experience of an insurer shows that its loss reserves, however estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.[ 2009 c 549 § 7053; 1947 c 79 § .12.08; Rem. Supp. 1947 § 45.12.08.]
WA Rev Code § 48.12.090 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.090 - Loss reserves—Liability insurance.

RCW 48.12.090 Loss reserves—Liability insurance.The reserves for outstanding losses and loss expenses under policies of personal injury liability insurance and under policies of employer's liability insurance shall be computed as follows:(1) The reserves for outstanding losses and loss expenses under policies of personal injury liability insurance and under policies of employer's liability insurance shall be computed in accordance with accepted loss-reserving standards and principles and shall make a reasonable provision for all unpaid loss and loss expense obligations of the insurer under the terms of such policies.(2) Reserves under liability policies written during the three years immediately preceding the date of determination shall include any additional reserves required by the annual statement instructions of the national association of insurance commissioners.[ 1995 c 35 § 2; 1947 c 79 § .12.09; Rem. Supp. 1947 § 45.12.09.]
WA Rev Code § 48.12.100 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.100 - Unallocated liability loss expense.

RCW 48.12.100 Unallocated liability loss expense.Subject to any restrictions contained in the annual statement instructions or accounting practices and procedures manuals of the national association of insurance commissioners, all unallocated liability loss expense payments shall be distributed as follows:(1) All payments associated with particular claims shall be distributed to the year in which the claim was covered; and(2) All other payments shall be distributed by year in a reasonable manner.[ 1995 c 35 § 3; 1947 c 79 § .12.10; Rem. Supp. 1947 § 45.12.10.]
WA Rev Code § 48.12.110 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.110 - Schedule of experience.

RCW 48.12.110 Schedule of experience.Any insurer transacting any liability or workers' compensation insurances shall include in its annual statement filed with the commissioner, a schedule of its experience thereunder in such form as the commissioner may prescribe.[ 1987 c 185 § 19; 1947 c 79 § .12.11; Rem. Supp. 1947 § 45.12.11.]NOTES:Intent—Severability—1987 c 185: See notes following RCW 51.12.130.
WA Rev Code § 48.12.140 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.12 - Assets and Liabilities.|48.12.140 - "Loss payments," "loss expense" defined.

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.