Revised Code of Washington - RCW Title 48 Insurance - Chapter 48.90 Child Day Care Centers -- Self-Insurance

48.90.010 Findings and intent
(1) Day care providers are facing a major crisis in that adequate and affordable business liability insurance is no longer available within this state for ...

48.90.020 Definitions
The definitions in this section apply throughout this chapter. (1) "Child day care center" means an agency that regularly provides care for one or more ...

48.90.030 Authority to self-insure
Associations meeting the criteria of RCW 48.90.020 are empowered to create and operate self-insurance plans to provide general liability coverage to member child day care ...

48.90.040 Chapter exclusive
Except as provided in this chapter, self-insurance plans formed and implemented pursuant to this chapter shall be governed by this chapter and shall be exempt ...

48.90.050 Elements of plan
Any association desiring to establish a plan pursuant to this chapter shall prepare and submit to the commissioner a proposed plan of organization and operation, ...

48.90.060 Approval of plan
If the plan submitted complies with RCW 48.90.050 and if the terms of the plan reflect sound financial management, the commissioner shall approve the plan ...

48.90.070 Contributing trust fund
All funds contributed for the purpose of the self-insurance plan shall be deposited in a contributing trust fund, which shall at all times be maintained ...

48.90.080 Initial implementation of plan -- Conditions
The initial implementation of the plan shall be conditioned upon establishment of the minimum deposits in the contributing trust fund at least thirty days prior ...

48.90.090 Standard of care in fund management -- Fiduciary
In managing the assets of the contributing trust fund, the association shall exercise the reasonable judgment and care that ordinary persons of prudence, intelligence, and ...

48.90.100 Annual report
The association shall provide an annual report of the operations of the plan to all subscribers, to the secretary of social and health services, and ...

48.90.110 Powers of association
The association shall have the power, in its capacity as plan administrator, to contract for or delegate services as necessary for the efficient management and ...

48.90.120 Contracts -- Terms
(1) All contracts between subscribers and the association shall be for one-year periods and shall terminate on the first day of the next fiscal year ...

48.90.130 Significant modifications in plan, statement on
Within six months of the beginning of any fiscal year in which significant modifications of the plan are envisioned, the association shall provide the commissioner ...

48.90.140 Dissolution of plan and association
(1) If at any time the plan can no longer be operated on a sound financial basis, the association may elect to dissolve the plan, ...

48.90.150 Recovery limits
No person with a claim covered by a plan established pursuant to this chapter shall be entitled to recover from the plan any amount in ...

48.90.160 Suspension of plan -- Reconsideration
The commissioner may disapprove, and require suspension of a plan for failure of the association to comply with any provision of this chapter, for gross ...

48.90.170 Costs of investigation or review of plan
All reasonable costs of any investigation or review by the commissioner of an association's plan of organization and operation, or any changes or modifications thereof, ...