2009 Washington Code
Title 48 - Insurance
Chapter 48.30 - Unfair practices and frauds.
48.30.070 - Advertising of financial condition.
Advertising of financial condition.
(1) Every advertisement by or on behalf of any insurer purporting to show its financial condition may be in a condensed form but shall in substance correspond with the insurer's last verified statement filed with the commissioner.
(2) No insurer or person in its behalf shall advertise assets except those actually owned and possessed by the insurer in its own exclusive right, available for the payment of losses and claims, and held for the protection of its policyholders and creditors.
[1947 c 79 § .30.07; Rem. Supp. 1947 § 45.30.07.]
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
