RCW 48.12.100
84 words·~1 min read·
/wa/title-48/chapter-48-12/48-12-100·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 s 3 ; 1947 c 79 s .12.10; Rem. Supp. 1947 s 45.12.10.]