Revised Code of Washington - RCW Title 48 Insurance - Chapter 48.32 Washington Insurance Guaranty Association Act

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 ...

48.32.020 Scope
This chapter applies to all kinds of direct insurance, except life, title, surety, disability, credit, mortgage guaranty, workers' compensation, and ocean marine. Workers' compensation as ...

48.32.030 Definitions
As used in this chapter: (1) "Account" means one of the three accounts created in RCW 48.32.040. (2) "Association" means the Washington insurance guaranty association ...

48.32.040 Creation of the association -- Required accounts
There is hereby created a nonprofit unincorporated legal entity to be known as the Washington insurance guaranty association. All insurers defined as member insurers in ...

48.32.050 Board of directors
(1) The board of directors of the association shall consist of not less than five nor more than nine persons serving terms as established in ...

48.32.060 Powers and duties of the association
(1) The association shall: (a)(i) For other than covered claims involving the longshore and harbor workers' compensation act, be obligated to the extent of the ...

48.32.070 Plan of operation
(1)(a) The association shall submit to the commissioner a plan of operation and any amendments thereto necessary or suitable to assure the fair, reasonable, and ...

48.32.080 Duties and powers of the commissioner
(1) The commissioner shall: (a) Notify the association promptly whenever he or any of his examiners has, or comes into, possession of any data or ...

48.32.090 Effect of paid claims
(1) Any person recovering under this chapter shall be deemed to have assigned his rights under the policy to the association to the extent of ...

48.32.100 Nonduplication of recovery
(1) Any person having a claim against his or her insurer under any provision in his or her insurance policy which is also a covered ...

48.32.110 Prevention of insolvencies
To aid in the detection and prevention of insurer insolvencies: (1) It shall be the duty of the board of directors, upon majority vote, to ...

48.32.120 Examination of the association
The association shall be subject to examination and regulation by the commissioner. The board of directors shall submit, not later than March 30th of each ...

48.32.130 Tax exemption
The association shall be exempt from payment of all fees and all taxes levied by this state or any of its subdivisions except taxes levied ...

48.32.145 Credit against premium tax for assessments paid pursuant to RCW 48.32.060(1)(c)
Every member insurer that prior to April 1, 1993, or after July 27, 1997, shall have paid one or more assessments levied pursuant to RCW ...

48.32.150 Immunity
There shall be no liability on the part of and no cause of action of any nature shall arise against any member insurer, the association ...

48.32.160 Stay of proceedings -- Setting aside judgment
All proceedings in which the insolvent insurer is a party or is obligated to defend a party in any court in this state shall be ...

48.32.170 Termination, distribution of fund
(1) The commissioner shall by order terminate the operation of the Washington insurers insolvency pool as to any kind of insurance afforded by property or ...

48.32.900 Short title
This chapter shall be known and may be cited as the Washington Insurance Guaranty Association Act.[1971 ex.s. c 265 § 18.] ...

48.32.901 Effective date -- 2005 c 100
This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public ...

48.32.910 Construction -- 1971 ex.s. c 265
This chapter shall be liberally construed to effect the purpose under RCW 48.32.010 which shall constitute an aid and guide to interpretation.[1971 ex.s. c 265 ...

48.32.920 Section headings not part of law
Section headings as used in this chapter do not constitute any part of the law.[1971 ex.s. c 265 § 22.] ...

48.32.930 Severability -- 1971 ex.s. c 265
If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act, or the application ...