The purpose of this chapter is to promote the public welfare by regulating insurance rates in order that they will not be excessive, inadequate, or unfairly discriminatory, and to authorize and regulate cooperative action among insurers in rate making and in other matters within the scope of this chapter. Nothing in this chapter is intended (1) to prohibit or discourage reasonable competition, or (2) to prohibit or encourage, except to the extent necessary to accomplish the purpose of this chapter, uniformity in insurance rates, rating systems, rating plans or practices. This chapter shall be liberally interpreted to carry into effect the intent of this section.
Section: 21.39.010 21.39.020 21.39.030 21.39.035 21.39.040 21.39.041 21.39.043 21.39.045 21.39.050 21.39.055 21.39.060 21.39.070 21.39.080 21.39.090 21.39.100 NextLast modified: November 15, 2016