Revised Code of Washington - RCW Title 48 Insurance - Section 48.32.010 Purpose

§ 48.32.010. Purpose

The purpose of this chapter is to provide a mechanism for the payment of covered claims to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders under certain policies of insurance covered by the scope of this chapter because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies, and to provide an association to assess the cost of such protection among insurers.

[2005 c 100 § 1; 1971 ex.s. c 265 § 1.]

Sections:  48.32.010  48.32.020  48.32.030  48.32.040  48.32.050  48.32.060  48.32.070  48.32.080  48.32.090  48.32.100  48.32.110  48.32.120  48.32.130  48.32.145  48.32.150  Next

Last modified: April 7, 2009