Washington Statutes
§ 48.70.030 — Expected returns to policyholders—Rules.
Washington § 48.70.030
This text of Washington § 48.70.030 (Expected returns to policyholders—Rules.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 48.70.030 (2026).
Text
(1)Commencing with reports for the accounting periods beginning on or after July 1, 1983, specified disease policies shall be expected to return to policyholders in the form of aggregate loss ratios under the policy:
(a)At least seventy-five percent of the earned premiums in the case of group policies; and
(b)At least sixty percent of the earned premiums in the case of individual policies.
(2)For the purpose of this section, specified disease insurance policies issued as a result of solicitation of individuals through the mail or mass media advertising, including both print and broadcast advertising, shall be treated as individual policies.
(3)By July 1, 1983, the commissioner shall adopt rules sufficient to accomplish the provisions of this section.
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Legislative History
[1982 c 181 s 22.]
Nearby Sections
15
§ 48.01.010
Short title.§ 48.01.020
Scope of code.§ 48.01.030
Public interest.§ 48.01.035
"Developmental disability" defined.§ 48.01.040
"Insurance" defined.§ 48.01.050
"Insurer" defined.§ 48.01.053
"Issuer" defined.§ 48.01.060
"Insurance transaction" defined.§ 48.01.070
"Person" defined.§ 48.01.080
Penalties.§ 48.01.100
Existing officers.§ 48.01.110
Existing licenses.§ 48.01.120
Existing insurance forms.§ 48.01.130
Existing actions, violations.§ 48.01.140
Headings.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 48.70.030, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/48.70.030.