There is a newer version of the Revised Code of Washington
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2012 Revised Code of Washington
Title 48 - INSURANCE
48.29 Title insurers.
48.29.143 Premium rates -- Actuarially sound estimates.


WA Rev Code § 48.29.143 (2012) What's This?

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.]


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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.