Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Washington · Title 48 — Insurance · Chapter 48.19

RCW 48.19.043

384 words·~2 min read·/wa/title-48/chapter-48-19/48-19-043·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)It is the intent of the legislature to assist the purchasers of commercial property casualty insurance by allowing policies to be issued more expeditiously and provide a more competitive market for rates.
(2)Notwithstanding the provisions of RCW 48.19.040 (1), commercial property casualty policies may be issued prior to filing the rates. All commercial property casualty rates shall be filed with the commissioner within thirty days after an insurer issues any policy using them.
(3)If, within thirty days after a commercial property casualty rate has been filed, the commissioner finds that the rate does not meet the requirements of this chapter, the commissioner shall disapprove the filing and give notice to the insurer or rating organization that made the filing, specifying how the filing fails to meet the requirements and stating when, within a reasonable period thereafter, the filing shall be deemed no longer effective. The commissioner may extend the time for review another fifteen days by giving notice to the insurer prior to the expiration of the original thirty-day period.
(4)Upon a final determination of a disapproval of a rate filing under subsection
(3)of this section, the insurer shall issue an endorsement changing the rate to comply with the commissioner's disapproval from the date the rate is no longer effective.
(5)For purposes of this section, "commercial property casualty" means insurance pertaining to a business, profession, occupation, nonprofit organization, or public entity for the lines of property and casualty insurance defined in RCW 48.11.040 , 48.11.050 , 48.11.060 , or 48.11.070 , but does not mean medical malpractice insurance or portable electronics insurance as defined in RCW 48.120.005 .
(6)Except as provided in subsection
(4)of this section, the disapproval shall not affect any contract made or issued prior to the expiration of the period set forth in the notice of disapproval.
(7)In the event a hearing is held on the actions of the commissioner under subsection
(3)of this section, the burden of proof is on the commissioner.
[ 2013 c 152 s 3 ; 2006 c 8 s 216 ; 2003 c 248 s 7 ; 1997 c 428 s 2 .]
Notes:
Findings — Intent — Part headings and subheadings not law — Severability — 2006 c 8: See notes following RCW 5.64.010 .
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.