reglab/statecodes huggingface dataset:
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25 - Industrial Life Insurance. › 48.25.190 - Conversion—Monthly premium policies.

RCW 48.25.190
Conversion—Monthly premium policies.
There shall be a provision, in the case of monthly premium industrial policies, granting, upon proper written request and upon presentation of evidence of the insurability of the insured satisfactory to the insurer, the privilege of converting his or her monthly premium industrial insurance to any form of ordinary life insurance regularly issued by the insurer, in accordance with terms and conditions agreed upon with the insurer. The privilege of making such conversions need be granted only if the insurer's monthly premium industrial policies on the life insured, in force as premium paying insurance and on which conversion is requested, grant benefits in event of death, exclusive of additional accidental death benefits and exclusive of any dividend additions, in an amount not less than the minimum amount of ordinary insurance issued by the insurer at the age of the insured on the plan of ordinary insurance desired.
[ 2009 c 549 § 7116; 1947 c 79 § .25.19; Rem. Supp. 1947 § 45.25.19.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25 - Industrial Life Insurance. › 48.25.200 - Title on policy.

RCW 48.25.200
Title on policy.
There shall be a title on the face of each such policy briefly describing its form.
[1947 c 79 § .25.20; Rem. Supp. 1947 § 45.25.20.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25 - Industrial Life Insurance. › 48.25.210 - Application to term and specified insurance.

RCW 48.25.210
Application to term and specified insurance.
Any of the provisions required by this chapter or any portion thereof which are not applicable to single premium or term policies or to policies issued or granted pursuant to nonforfeiture provisions, shall to that extent not be incorporated therein.
[1947 c 79 § .25.21; Rem. Supp. 1947 § 45.25.21.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25 - Industrial Life Insurance. › 48.25.220 - Prohibited provisions.

RCW 48.25.220
Prohibited provisions.
No such policy shall contain:
(1) A provision by which the insurer may deny liability under the policy for the reason that the insured has previously obtained other insurance from the same insurer.
(2) A provision giving the insurer the right to declare the policy void because the insured has had any disease or ailment, whether specified or not, or because the insured has received institutional, hospital, medical or surgical treatment or attention, except a provision which gives the insurer the right to declare the policy void if the insured has, within two years prior to the issuance of the policy, received institutional, hospital, medical or surgical treatment or attention and if the insured or claimant under the policy fails to show that the condition occasioning such treatment or attention was not of a serious nature or was not material to the risk.
(3) A provision giving the insurer the right to declare the policy void because the insured had been rejected for insurance, unless such right be conditioned upon a showing by the insurer, that knowledge of such rejection would have led to a refusal by the insurer to make such contract.
[1947 c 79 § .25.22; Rem. Supp. 1947 § 45.25.22.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25 - Industrial Life Insurance. › 48.25.230 - Limitation of liability.

RCW 48.25.230
Limitation of liability.
The insurer may in any such policy limit its liability for the same causes and to the same extent as is provided in RCW 48.23.260 for other life insurance contracts.
[1947 c 79 § .25.23; Rem. Supp. 1947 § 45.25.23.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25 - Industrial Life Insurance. › 48.25.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.

RCW 48.25.900
Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.
For the purposes of this chapter, the terms spouse, marriage, marital, husband, wife, widow, widower, next of kin, and family shall be interpreted as applying equally to state registered domestic partnerships or individuals in state registered domestic partnerships as well as to marital relationships and married persons, and references to dissolution of marriage shall apply equally to state registered domestic partnerships that have been terminated, dissolved, or invalidated, to the extent that such interpretation does not conflict with federal law. Where necessary to implement chapter 521, Laws of 2009, gender-specific terms such as husband and wife used in any statute, rule, or other law shall be construed to be gender neutral, and applicable to individuals in state registered domestic partnerships.
[ 2009 c 521 § 121.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25A - Life Insurance—Profit-Sharing, Charter, Founders, and Coupon Policies. › 48.25A.010 - Definitions.

RCW 48.25A.010
Definitions.
As used in this chapter:
(1) "Profit-sharing policy" means:
(a) A life insurance policy which by its terms expressly provides that the policyholder will participate in the distribution of earnings or surplus other than earnings or surplus attributable, by reasonable and nondiscriminatory standards, to the participating policies of the company and allocated to the policyholder on reasonable and nondiscriminatory standards; or
(b) A life insurance policy the provisions of which, through sales material or oral presentations, are interpreted by the company to prospective policyholders as entitling the policyholder to the benefits described in subsection (a) of this section.
(2) "Charter policy" or "founders policy" means:
(a) A life insurance policy which by its terms expressly provides that the policyholder will receive some preferential or discriminatory advantage or benefit not available to persons who purchase insurance from the company at future dates or under other circumstances; or
(b) A life insurance policy the provisions of which, through sales material or oral presentations, are interpreted by the company to prospective policyholders as entitling the policyholder to the benefits described in subsection (a) of this section.
(3) "Coupon policy" means a life insurance policy which provides a series of pure endowments maturing periodically in amounts not exceeding the gross annual policy premiums. The term "pure endowment" or "endowment" is used in its accepted actuarial sense, meaning a benefit becoming payable at a specific future date if the insured person is then living.
[ 1967 ex.s. c 95 § 5.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25A - Life Insurance—Profit-Sharing, Charter, Founders, and Coupon Policies. › 48.25A.020 - Certain policies not to be issued or delivered after September 1, 1967.

RCW 48.25A.020
Certain policies not to be issued or delivered after September 1, 1967.
No profit-sharing, charter, or founders policy shall be issued or delivered in this state after September 1, 1967.
[ 1967 ex.s. c 95 § 6.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25A - Life Insurance—Profit-Sharing, Charter, Founders, and Coupon Policies. › 48.25A.030 - Coupon policies—Approval by commissioner.

RCW 48.25A.030
Coupon policies—Approval by commissioner.
No coupon policy shall be issued or delivered in this state until the form of the same has been filed with and approved by the commissioner.
[ 1967 ex.s. c 95 § 7.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25A - Life Insurance—Profit-Sharing, Charter, Founders, and Coupon Policies. › 48.25A.040 - Coupon policies—Requirements.

RCW 48.25A.040
Coupon policies—Requirements.
Coupon policies issued or delivered in this state shall be subject to the following provisions:
(1) No detachable coupons or certificates or passbooks may be used. No other device may be used which tends to emphasize the periodic endowment benefits or which tends to create the impression that the endowments represent interest earnings or anything other than benefits which have been purchased by part of the policyholder's premium payments.
(2) Each endowment benefit must have a fixed maturity date and payment of the endowment benefit shall not be contingent upon the payment of any premium becoming due on or after such maturity date.
(3) The endowment benefits must be expressed in dollar amounts rather than as percentages of other quantities or in other ways, both in the policy itself and in the sale thereof.
(4) A separate premium for the periodic endowment benefits must be shown in the policy adjacent to the rest of the policy premium information and must be given the same emphasis in the policy and in the sale thereof as that given the rest of the policy premium information. This premium shall be calculated with mortality, interest and expense factors which are consistent with those for the basic policy premium.
[ 1967 ex.s. c 95 § 8.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.25A - Life Insurance—Profit-Sharing, Charter, Founders, and Coupon Policies. › 48.25A.050 - Revocation of certificates of authority and licenses for violation of chapter.

RCW 48.25A.050
Revocation of certificates of authority and licenses for violation of chapter.
The commissioner may revoke all certificates of authority and licenses granted to any insurance company, its officers or agents violating any provision of this chapter.
[ 1967 ex.s. c 95 § 9.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.27 - Property Insurance. › 48.27.010 - Over-insurance prohibited.

RCW 48.27.010
Over-insurance prohibited.
(1) Over-insurance shall be deemed to exist if property or an insurable interest therein is insured by one or more insurance contracts against the same hazard in any amount in excess of the fair value of the property or of such interest, as determined as of the effective date of the insurance or of any renewal thereof, or in those instances when insured value is for improvements and land.
(2) For the purposes of this section only the term "fair value" means the cost of replacement less such depreciation as is properly applicable to the subject insured.
(3) No person shall knowingly require, request, issue, place, procure, or accept any insurance contract which would result in over-insurance of the property or interest therein proposed to be insured, except as is provided in RCW 48.27.020.
(4) No person shall compel an insured or applicant for insurance to procure property insurance in an amount in excess of the amount which could reasonably be expected to be paid under the policy (or combination of policies) in the event of a loss, whether such insurance is required in connection with a loan or otherwise.
(5) Each violation of this section shall subject the violator to the penalties provided by this code.
[ 1984 c 6 § 1; 1947 c 79 § .27.01; Rem. Supp. 1947 § 45.27.01.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.27 - Property Insurance. › 48.27.020 - Replacement insurance.

RCW 48.27.020
Replacement insurance.
By any contract of insurance of property or of any insurable interest therein, the insurer may in connection with a special provision or endorsement made a part of the policy insure the cost of repair or replacement of such property, if damaged or destroyed by a hazard insured against, and without deduction of depreciation, subject to such reasonable rules and regulations as may be made by the commissioner.
[ 1951 c 194 § 1; 1947 c 79 § .27.02; formerly Rem. Supp. 1947 § 45.27.02.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.27 - Property Insurance. › 48.27.030 - Policy does not cover flood damage—Notice to policyholder.

RCW 48.27.030
Policy does not cover flood damage—Notice to policyholder.
(1) Every insurer issuing a homeowner, condominium unit owner, residential tenant, and residential fire insurance policy that does not cover damage caused by flood must notify the policyholder that the policy does not cover damage caused by flood. The notice must also inform the policyholder how to contact the national flood insurance program ("NFIP") or one of the NFIP's agents. This notice must be provided:
(a) At the time the policy is issued; and
(b) At the time the policy is renewed.
(2) The following language, when combined with current information about how to contact the NFIP or its agent, satisfies the notice requirements of this section:
"This policy does not cover damage to your property caused by flooding. The federal government offers flood insurance through the National Flood Insurance Program to residents of communities that participate in its program. You can learn more about the National Flood Insurance Program at www.floodsmart.gov or by calling (888) 379-9531."
(3) Nothing in this section invalidates a flood exclusion, or any other exclusion, in an insurance policy subject to this section.
[ 2009 c 14 § 1.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.28 - Surety Insurance. › 48.28.010 - Requirements deemed met by surety insurer.

RCW 48.28.010
Requirements deemed met by surety insurer.
Whenever by law or by rule of any court, public official, or public body, any surety bond, recognizance, obligation, stipulation or undertaking is required or is permitted to be given, any such bond, recognizance, obligation, stipulation, or undertaking which is otherwise proper and the conditions of which are guaranteed by an authorized surety insurer, or by an unauthorized surety insurer as a surplus line pursuant to chapter 48.15 RCW of this code, shall be approved and accepted and shall be deemed to fulfill all requirements as to number of sureties, residence or status of sureties, and other similar requirements, and no justification by such surety shall be necessary.
[1947 c 79 § .28.01; Rem. Supp. 1947 § 45.28.01.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.28 - Surety Insurance. › 48.28.020 - Fiduciary bonds—Premium as lawful expense.

RCW 48.28.020
Fiduciary bonds—Premium as lawful expense.
Any fiduciary required by law to give bonds, may include as part of his or her lawful expense to be allowed by the court or official by whom he or she was appointed, the reasonable amount paid as premium for such bonds to the authorized surety insurer or to the surplus line surety insurer which issued or guaranteed such bonds.
[ 2009 c 549 § 7117; 1955 c 30 § 1. Prior: 1947 c 79 § .28.02; Rem. Supp. 1947 § 45.28.02.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.28 - Surety Insurance. › 48.28.030 - Judicial bonds—Premium as part of recoverable costs.

RCW 48.28.030
Judicial bonds—Premium as part of recoverable costs.
In any proceeding the party entitled to recover costs may include therein such reasonable sum as was paid to such surety insurer as premium for any bond or undertaking required therein, and as may be allowed by the court having jurisdiction of such proceeding.
[ 1955 c 30 § 2. Prior: 1947 c 79 § .28.03; Rem. Supp. 1947 § 45.28.03.]
NOTES:
Rules of court: Cf. RAP 14.3, 18.22.
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.28 - Surety Insurance. › 48.28.040 - Official bonds—Payment of premiums.

RCW 48.28.040
Official bonds—Payment of premiums.
The premium for bonds given by such surety insurers for appointive or elective public officers and for such of their deputies or employees as are required to give bond shall be paid by the state, political subdivision, or public body so served.
[ 1955 c 30 § 3. Prior: 1947 c 79 § .28.04; Rem. Supp. 1947 § 45.28.04.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.28 - Surety Insurance. › 48.28.050 - Release from liability.

RCW 48.28.050
Release from liability.
A surety insurer may be released from its liability on the same terms and conditions as are provided by law for the release of individuals as sureties.
[1947 c 79 § .28.05; Rem. Supp. 1947 § 45.28.05.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.005 - Administration of chapter—Rules.

RCW 48.29.005
Administration of chapter—Rules.
The commissioner may adopt rules to implement and administer this chapter, including but not limited to:
(1) Establishing the information to be included in the report required under RCW 48.29.015;
(2) Establishing the information required for the filing of rates for title insurance under RCW 48.29.147;
(3) Establishing standards which title insurance rate filings must satisfy under RCW 48.29.147;
(4) Establishing a date, which date shall not be earlier than January 1, 2010, by which all title insurers selling policies in this state must file their rates with the commissioner under RCW 48.29.143 and 48.29.147 rather than under RCW 48.29.140 and refile any rates that were in effect prior to the date established by the commissioner;
(5) Defining what things of value a title insurance insurer or title insurance agent is permitted to give to any person in a position to refer or influence the referral of title insurance business under RCW 48.29.210(2). In adopting rules under this subsection, the commissioner shall work with representatives of the title insurance and real estate industries and consumer groups in developing the rules;
(6) Establishing the fee for a license as a rating organization under RCW 48.29.410;
(7) Establishing license requirements that an applicant for a license as a rating organization and a licensee must comply with; and
(8) Requiring a rating organization to periodically update the title insurance rates, manuals of rules and rates, rating plans, rate schedules, minimum rates, class rates, or rating rules, filed by the rating organization on behalf of its members or subscribers.
[ 2017 c 103 § 23; 2008 c 110 § 9.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.015 - Requirement to maintain records—Report to commissioner.

RCW 48.29.015
Requirement to maintain records—Report to commissioner.
(1) A title insurance agent shall maintain records of its title orders sufficient to indicate the source of the title orders.
(2) Every title insurance agent shall file with the commissioner annually by March 15th of each year for the previous calendar year, unless the commissioner for good cause shown extends the time for filing, a report, on a form prescribed by the commissioner, setting forth:
(a) The names and addresses of those persons, if any, who have had a financial interest in the title insurance agent during the calendar year, who are known or reasonably believed by the title insurance agent to be producers of title business or associates of producers; and
(b) The percent of title orders originating from each person who owns, or had owned during the preceding calendar year, a financial interest in the title insurance agent.
(3) Each title insurance agent shall keep current the information required by that portion of the report required by subsection (2)(a) of this section by reporting all changes or additions within fifteen days after the end of the month in which it learns of each change or addition.
(4) Each title insurance agent shall file that portion of the report required by subsection (2)(a) of this section with its application for a license.
[ 2017 3rd sp.s. c 25 § 18; 2008 c 110 § 2.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.017 - Statistical reporting agent—Duties—Required reports—Costs—Rules—Information and data exchange.

RCW 48.29.017
Statistical reporting agent—Duties—Required reports—Costs—Rules—Information and data exchange.
(1) The commissioner must designate one statistical reporting agent to assist him or her in gathering information on title insurance policy issuance, business income, and expenses and making compilations thereof. The costs and expenses of the statistical reporting agent must be borne by all the authorized title insurance companies and title insurance agents licensed to conduct the business of title insurance in this state. The commissioner may adopt rules setting forth how the costs and expenses of the statistical reporting agent are to be paid and apportioned among the authorized title insurers and licensed title insurance agents.
(2) Upon designation of a statistical reporting agent by the commissioner under subsection (1) of this section all authorized title insurance companies and licensed title insurance agents must annually, by May 31st, file a report with the statistical reporting agent of their policy issuance, business income, expenses, and loss experience in this state. The report must be filed with the statistical reporting agent in a manner and form prescribed by the commissioner by rule, which must be consistent with the manner and form adopted by the national association of insurance commissioners.
(3) The statistical reporting agent must review the information filed with it for completeness, accuracy, and quality within one hundred twenty days of its receipt. All title insurance companies and title insurance agents must cooperate with the statistical reporting agent to verify the completeness, accuracy, and quality of the data that they submitted.
(4) Within thirty days after completing its review of the information for quality and accuracy, the statistical reporting agent must file the information for each title insurance company and title insurance agent, individually and in the aggregate, with the commissioner with a copy of the aggregate data from such statistical reporting agent provided to each title insurer and title insurance agent.
(5) The commissioner may adopt rules to implement and administer this section.
(6) The statistical reporting agent may exchange aggregate information and experience data with title insurance companies and rating organizations in this state in accordance with RCW 48.29.470.
[ 2017 c 103 § 22; 2013 c 65 § 1.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.018 - Information filed under RCW 48.29.017—Confidentiality.

RCW 48.29.018
Information filed under RCW 48.29.017—Confidentiality.
(1) Information filed with the commissioner under RCW 48.29.017 must be kept confidential and is not subject to public disclosure under chapter 42.56 RCW, unless the commissioner finds, after notice and hearing with the affected parties, it is in the public interest to disclose the information.
(2) The commissioner may share the information in subsection (1) of this section with the national association of insurance commissioners and its affiliates and subsidiaries, regulatory and law enforcement officials of other states and nations, the federal government, and international authorities, provided that the recipient agrees to maintain the confidentiality and privileged status of the information.
(3) This section does not prohibit the commissioner from sharing or publishing the information in an aggregate form.
[ 2013 c 65 § 2.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.020 - Certificate of authority—Qualifications.

RCW 48.29.020
Certificate of authority—Qualifications.
A title insurer is not entitled to have a certificate of authority unless:
(1) It is a stock corporation;
(2) It owns or leases and maintains a complete set of tract indexes of the county in this state in which its principal office is located; and
(3) It has and maintains the capital and surplus requirements set forth in RCW 48.05.340.
[ 2005 c 223 § 15; 1990 c 76 § 1; 1955 c 86 § 12; 1947 c 79 § .29.02; Rem. Supp. 1947 § 45.29.02.]
NOTES:
Effective date—Supervision of transfers—1955 c 86: See notes following RCW 48.05.080.
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.040 - May do business in two or more counties—Restrictions.

RCW 48.29.040
May do business in two or more counties—Restrictions.
(1) Subject to the deposit requirements of *RCW 48.29.030, a title insurer having its principal offices in one county may be authorized to transact business in only such additional counties as to which it owns or leases and maintains, or has a duly authorized agent that owns or leases and maintains, a complete set of tract indexes.
(2) A title insurer not authorized to transact business in a certain county may purchase a title policy on property located therein from another title insurer which is so authorized in that county. The first title insurer may thereafter issue its own policy of title insurance to the owner of such property. The first title insurer may combine the insurance on the title of such property in a single policy which also insures the title of one or more other pieces of property. The first title insurer must pay the full premium based on filed rates for the policy, and must charge the precise same amount to its own customer for the insurance as to the title of such property. A title insurer using the authority granted by this subsection in a transaction must so notify its customer.
[ 1990 c 76 § 2; 1957 c 193 § 17; 1947 c 79 § .29.04; Rem. Supp. 1947 § 45.29.04.]
NOTES:
*Reviser's note: RCW 48.29.030 was repealed by 2005 c 223 § 35.
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.130 - Investments.

RCW 48.29.130
Investments.
A domestic title insurer shall invest its funds as follows:
(1) Funds in an amount not less than its reserve required by RCW 48.29.120 must be kept invested in investments eligible for domestic life insurers.
(2) Other funds may be invested in:
(a) The insurer's plant and equipment, up to a maximum of fifty percent of capital plus surplus.
(b) Stocks and bonds of abstract companies when approved by the commissioner.
(c) Investments eligible for the investment of funds of any domestic insurer.
[ 2005 c 223 § 17; 1967 c 150 § 30; 1947 c 79 § .29.13; Rem. Supp. 1947 § 45.29.13.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.140 - Premium rates—Required filings—Transition date set by rule.

RCW 48.29.140
Premium rates—Required filings—Transition date set by rule.
(1) Premium rates for the insuring or guaranteeing of titles shall not be excessive, inadequate, or unfairly discriminatory.
(2) Each title insurer shall forthwith file with the commissioner a schedule showing the premium rates to be charged by it. Every addition to or modification of such schedule or of any rate therein contained shall likewise be filed with the commissioner, and no such addition or modification shall be effective until expiration of fifteen days after date of such filing.
(3) The commissioner may order the modification of any premium rate or schedule of premium rates found by him or her after a hearing to be excessive, or inadequate, or unfairly discriminatory. No such order shall require retroactive modification.
(4) The commissioner shall by rule set a date, which shall not be earlier than January 1, 2010, by which title insurers must file every manual of rules and rates, rating plan, rate schedule, minimum rate, class rate, and rating rule, and every modification of any of these filings, under RCW 48.29.143 and 48.29.147, rather than under this section.
[ 2008 c 110 § 8; 1947 c 79 § .29.14; Rem. Supp. 1947 § 45.29.14.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.143 - Premium rates—Actuarially sound estimates.

RCW 48.29.143
Premium rates—Actuarially sound estimates.
(1) Premium rates for the insuring or guaranteeing of titles shall not be excessive, inadequate, or unfairly discriminatory.
(2) A rate is not excessive, inadequate, or unfairly discriminatory if it is an actuarially sound estimate of the expected value of all future costs associated with an individual risk transfer. Such costs include claims, claim settlement expenses, operational and administrative expenses, and the cost of capital.
[ 2008 c 110 § 4.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.148 - Form and rate filings by rating organization.

RCW 48.29.148
Form and rate filings by rating organization.
If so authorized by an insurer that is a member or subscriber of a rating organization, the commissioner shall accept, in lieu of filings by the insurer, form and rate filings on its behalf made by a rating organization then licensed as provided in this chapter. Rate filings accepted by the commissioner become effective only as provided in RCW 48.29.147. Form filings accepted by the commissioner become effective only as provided in chapter 48.18 RCW.
[ 2017 c 103 § 3.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.149 - Form and rate filings by rating organization—Deviation.

RCW 48.29.149
Form and rate filings by rating organization—Deviation.
Every member or subscriber to a rating organization shall adhere to the filings made on its behalf by such rating organization. Deviations from the rating organization's filings are permitted only when filed with the commissioner in accordance with this title. A copy of the deviation filing must be sent simultaneously to such rating organization.
[ 2017 c 103 § 14.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.150 - Taxation of title insurers.

RCW 48.29.150
Taxation of title insurers.
Title insurers and their property shall be taxed by this state in accordance with the general laws relating to taxation, and not otherwise.
[1947 c 79 § .29.15; Rem. Supp. 1947 § 45.29.15.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.160 - Agents—County tract indexes required.

RCW 48.29.160
Agents—County tract indexes required.
To be licensed as [an] agent of a title insurer, the applicant must own or lease and maintain a complete set of tract indexes of the county or counties in which such agent will do business.
[ 1981 c 223 § 1.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.170 - Agents—Separate licenses for individuals not required.

RCW 48.29.170
Agents—Separate licenses for individuals not required.
Title insurance agents are exempt from the provisions of *RCW 48.17.180(1) that require that each individual empowered to exercise the authority of a licensed firm or corporation must be separately licensed.
[ 2005 c 223 § 18; 1981 c 223 § 2.]
NOTES:
*Reviser's note: RCW 48.17.180 was amended by 2007 c 117 § 15, deleting subsection (1), effective July 1, 2009.
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.180 - Disclosure of energy conservation payment obligations—Informational note—Liability.

RCW 48.29.180
Disclosure of energy conservation payment obligations—Informational note—Liability.
The existence of notices of payment obligations in RCW 80.28.065 may be disclosed as an informational note to a preliminary commitment for policy of title insurance. Neither the inclusion nor the exclusion of any such informational note shall create any liability against such title insurer under any preliminary commitment for title insurance, policy or otherwise.
[ 1993 c 245 § 4.]
NOTES:
Findings—Intent—1993 c 245: See note following RCW 80.28.065.
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.193 - Escrow services—Schedule of fees filed with commissioner.

RCW 48.29.193
Escrow services—Schedule of fees filed with commissioner.
(1) Each title insurer and title insurance agent shall immediately file with the commissioner a schedule of its fees for providing escrow services.
(2) The schedule shall:
(a) Be dated to show the date the fees for providing escrow services are to become effective, which date shall be no earlier than fifteen days after the schedule has been filed with the commissioner; and
(b) Set forth the total fees for providing escrow services by clearly stating the amounts to be charged for the escrow services, the manner in which the fees for the escrow services are to be determined, and any charges that will be charged to the consumer that are not included in the total escrow fee.
[ 2008 c 110 § 6.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.195 - Escrow services—Schedule of fees made available to public.

RCW 48.29.195
Escrow services—Schedule of fees made available to public.
(1) Each title insurer and title insurance agent shall make available to the public schedules of its currently effective title insurance premiums and fees for providing escrow services.
(2) The schedules shall:
(a) Be dated to show the date the title insurance premiums or fees for providing escrow services became effective;
(b) Be made available to the public during normal business hours in each office of the title insurer and its appointed title insurance agents in this state;
(c) Be made available on the title insurer's and title insurance agent's website, if the title insurer or title insurance agent has a website;
(d) Set forth the total title insurance premium charged for the title insurance policy issued by the title insurer either by stating the premium for each title insurance policy in given amounts of coverage, or by stating the charge per unit amount of coverage, or by a combination of the two; and
(e) Set forth the total fees for providing escrow services by clearly stating the amounts to be charged for the escrow services, the manner in which the fees for the escrow services are to be determined, and any charges that will be charged to the consumer that are not included in the total escrow fee.
(3) Each title insurer and title insurance agent shall keep a complete file of its schedules of title insurance premiums and fees for providing escrow services and all changes and amendments to those schedules until at least one year after they have ceased to be in effect.
[ 2008 c 110 § 7.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.200 - Prohibited practices.

RCW 48.29.200
Prohibited practices.
It is a violation of this chapter for any title insurance company and title insurance agent in the conduct of the business of an escrow agent as defined in RCW 18.44.011 and exempt from licensing under *RCW 18.44.021(6) to:
(1) Directly or indirectly employ any scheme, device, or artifice to defraud or mislead borrowers or lenders or to defraud any person;
(2) Directly or indirectly engage in any unfair or deceptive act or practice toward any person;
(3) Directly or indirectly obtain property by fraud or misrepresentation;
(4) Knowingly make, publish, or disseminate any false, deceptive, or misleading information in the conduct of the business of escrow, or relative to the business of escrow or relative to any person engaged therein;
(5) Knowingly receive or take possession for personal use of any property of any escrow business, other than in payment authorized by this chapter, and with intent to defraud, omit to make, or cause or direct to be made, a full and true entry thereof in the books and accounts of the title insurance company or title insurance agent;
(6) Make or concur in making any false entry, or omit or concur in omitting to make any material entry, in its books or accounts;
(7) Knowingly make or publish, or concur in making or publishing any written report, exhibit, or statement of its affairs or pecuniary condition containing any material statement which is false, or omit or concur in omitting any statement required by law to be contained therein;
(8) Willfully fail to make any proper entry in the books of the escrow business as required by law;
(9) Fail to disclose in a timely manner to the other officers, directors, controlling persons, or employees the receipt of service of a notice of an application for an injunction or other legal process affecting the property or business of a title insurance company or title insurance agent conducting an escrow business, including an order to cease and desist or other order of the insurance commissioner; or
(10) Fail to make any report or statement lawfully required by the insurance commissioner or other public official.
[ 1999 c 30 § 35.]
NOTES:
*Reviser's note: RCW 18.44.021 was amended by 2015 c 229 § 1, changing subsection (6) to subsection (1)(f).
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.210 - Business inducements—Prohibited practices.

RCW 48.29.210
Business inducements—Prohibited practices.
(1) A title insurer, title insurance agent, or employee, agent, or other representative of a title insurer or title insurance agent shall not, directly or indirectly, give any fee, kickback, or other thing of value to any person as an inducement, payment, or reward for placing business, referring business, or causing title insurance business to be given to either the title insurer, or title insurance agent, or both.
(2) A title insurer, title insurance agent, or employee, agent, or other representative of a title insurer or title insurance agent shall not, directly or indirectly, give anything of value to any person in a position to refer or influence the referral of title insurance business to either the title insurance company or title insurance agent, or both, except as permitted under rules adopted by the commissioner.
[ 2008 c 110 § 3.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.213 - Return on ownership interest—Certain payments authorized.

RCW 48.29.213
Return on ownership interest—Certain payments authorized.
(1) RCW 48.29.210, 18.85.053, 18.44.305, or 19.146.103 does not make unlawful the payment by a title insurer or title insurance agent and the receipt by a producer of title insurance business of a return on ownership interest in the title insurer or title insurance agent.
(2) A return on ownership interest may include:
(a) Bona fide dividends, and capital or equity distributions, related to ownership interest or franchise relationship, between entities in an affiliated relationship; and
(b) Bona fide business loans, advances, and capital or equity contributions between entities in an affiliate relationship (in any direction), so long as they are for ordinary business purposes and are not fees for the referral of settlement service business or unearned fees.
(3) A return on ownership interest does not include:
(a) Any payment which has a basis of calculation of no apparent business motive other than distinguishing among recipients of payments on the basis of the amount of their actual, estimated, or anticipated referrals;
(b) Any payment which varies according to the relative amount of referrals by the different recipients of similar payments; or
(c) A payment based on an ownership, partnership, or joint venture share which has been adjusted on the basis of previous relative referrals by recipients of similar payments.
[ 2008 c 110 § 13.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.400 - Rating organizations—Intent.

RCW 48.29.400
Rating organizations—Intent.
It is the legislature's intent to establish a system by which title insurers may adopt a rating organization's form and rate filings pursuant to this chapter in order to benefit consumers and entities purchasing, selling, or financing real property. It is further the legislature's intent that the system so established under state oversight comply with state and federal law so that title insurers and rating organizations acting in accordance with this chapter may lawfully cooperate in the preparation of title insurance forms and manuals, and the recommendation of rates, subject to approval by the commissioner.
[ 2017 c 103 § 1.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.405 - Rating organizations—License required.

RCW 48.29.405
Rating organizations—License required.
A rating organization may not do business in this state or make filings with the commissioner unless then licensed by the commissioner as a rating organization.
[ 2017 c 103 § 4.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.410 - Rating organizations—License applications.

RCW 48.29.410
Rating organizations—License applications.
Any person, whether domiciled within or outside this state, except as provided in this section, may make application to the commissioner for a license as a rating organization for title insurance. The application must include:
(1) A copy of the applicant's constitution, articles of agreement or association, certificate of incorporation, or trust agreement, and of its bylaws, rules, and regulations governing the conduct of its business;
(2) A list of its members and a list of its subscribers;
(3) The name and address of a resident of this state upon whom notices or orders of the commissioner or process affecting such rating organization may be served; and
(4) A statement of its qualifications as a rating organization.
[ 2017 c 103 § 5.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.415 - Rating organizations—License issuance—Term.

RCW 48.29.415
Rating organizations—License issuance—Term.
(1) If the commissioner finds that the applicant for a license as a rating organization is competent, trustworthy, and otherwise qualified to act, and that its constitution, articles of agreement or association, certificate of incorporation, or trust agreement, and its bylaws, rules, and regulations governing the conduct of its business conform to the requirements of law, the commissioner shall, upon payment of a license fee of the amount established by the commissioner pursuant to RCW 48.29.005, issue a license authorizing the applicant to act as a rating organization for title insurance.
(2) The commissioner shall grant or deny in whole or in part every such application within sixty days of the date of its filing.
(3) A license issued pursuant to this section remains in effect for three years unless sooner suspended or revoked by the commissioner.
[ 2017 c 103 § 6.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.420 - Rating organizations—License suspension and revocation.

RCW 48.29.420
Rating organizations—License suspension and revocation.
(1) The commissioner may, after a hearing, suspend or revoke the license issued to a rating organization for any of the following causes:
(a) The commissioner finds that the licensee no longer meets the qualifications for the license.
(b) The rating organization fails to comply with an order of the commissioner within the time limited by the order, or any extension thereof which the commissioner may grant.
(2) The commissioner shall not so suspend or revoke a license for failure to comply with an order until the time prescribed by this code for an appeal from such order to the superior court has expired or if such appeal has been taken, until such order has been affirmed.
(3) The commissioner may determine when a suspension or revocation of license is effective. A suspension of license remains in effect for the period fixed by the commissioner, unless the commissioner modifies or rescinds the suspension, or until the order, failure to comply with which constituted grounds for the suspension, is modified, rescinded, or reversed.
[ 2017 c 103 § 7.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.425 - Rating organizations—Commissioner notification.

RCW 48.29.425
Rating organizations—Commissioner notification.
Every rating organization shall notify the commissioner promptly of every change in:
(1) Its constitution, its articles of agreement or association, its certificate of incorporation, or trust agreement, and its bylaws, rules, and regulations governing the conduct of its business;
(2) Its list of members and subscribers; and
(3) The name and address of the resident of this state designated by it upon whom notices or orders of the commissioner or process affecting such rating organization may be served.
[ 2017 c 103 § 8.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.430 - Rating organizations—Subscribers.

RCW 48.29.430
Rating organizations—Subscribers.
(1) Subject to rules and regulations approved by the commissioner as reasonable, each rating organization shall permit any title insurance company, not a member, to subscribe to its rating services.
(2) Notice of proposed changes to the rules and regulations must be given to each subscriber.
(3) A title insurer shall not concurrently be a subscriber to the services of more than one rating organization.
(4) The subscribers of any rating organization may, from time to time, individually or through committees representing various subscribers, consult with the rating organization with respect to matters within this chapter that affect such subscribers.
[ 2017 c 103 § 9.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.435 - Rating organizations—Review by commissioner.

RCW 48.29.435
Rating organizations—Review by commissioner.
(1) The reasonableness of any rule or regulation in its application to subscribers, or the refusal of any rating organization to admit an insurer as a subscriber, shall, at the request of any subscriber or any such insurer, be reviewed by the commissioner at a hearing held upon notice to the rating organization and to the subscriber or insurer.
(2) If the commissioner finds that a rule or regulation is unreasonable in its application to subscribers, the commissioner shall order that the rule or regulation is not applicable to subscribers that are not members of the rating organization.
(3) If a rating organization fails to grant or reject an insurer's application for subscribership within thirty days after it was made, the insurer may request a review by the commissioner as if the application had been rejected. If the commissioner finds that the insurer has been refused admittance to the rating organization as a subscriber without justification, the commissioner shall order the rating organization to admit the insurer as a subscriber. If the commissioner finds that the action of the rating organization was justified, the commissioner shall make an order affirming its action.
[ 2017 c 103 § 10.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.440 - Rating organizations—Cooperative activities and practices.

RCW 48.29.440
Rating organizations—Cooperative activities and practices.
(1) Cooperation among rating organizations or among rating organizations and insurers in rate making or in other matters within the scope of this chapter is hereby authorized and the filings resulting from such cooperation are subject to all the provisions of this title that are applicable to filings generally.
(2) The commissioner shall review such cooperative activities and practices and if, after a hearing, the commissioner finds that any such activity or practice is inconsistent with the provisions of this code, the commissioner may issue a written order specifying in what respect such activity or practice is so inconsistent, and requiring the discontinuance of such activity or practice.
[ 2017 c 103 § 11.]
2023 Revised Code of Washington › Title 48 - Insurance › Chapter 48.29 - Title Insurers. › 48.29.445 - Rating organizations—Actuarial, technical, and other services.

RCW 48.29.445
Rating organizations—Actuarial, technical, and other services.
Any rating organization may subscribe for or purchase actuarial, technical, or other services, and such services must be available to all subscribers without discrimination.
[ 2017 c 103 § 12.]