Chapter 48.13 RCW


Minimum financial security benchmarkDetermination of amount.
Investment of fundsBoard of directorsJudgment and careInternal controls and procedures.
Determining whether an investment portfolio or investment policy is prudent.
Written investment policy requiredAnnual reviewContents.
Classes of investmentsDescriptionRules.
Limitations on investmentsSpecial rules for certain investments.
Investments in securities of different currencies.
Prohibited investments.
Satisfaction of the minimum asset requirementWhen assets may be counted.
Commissioner's powersRequirements of persons subject to regulation.
Commissioner may retain expertsInsurer's expense.
When investment practices are not in complianceCommissioner's authority.
Aggrieved insurerRequest for hearing.
Confidentiality of investment policy information.
Chapter prevails over other statutesValuation of assets.
Rule makingSpecial investment restrictions.
Written record of investmentsContents.
Investments of foreign and alien insurers.
Safeguarding securitiesDefinitions.
Safeguarding securitiesDeposit in a clearing corporationCertificatesRecords.
Safeguarding securitiesAuthorized methods of holding securities.
Safeguarding securitiesRequirement to receive a confirmation.
Safeguarding securitiesBroker executing a tradeTime limits.
Safeguarding securitiesMaintenance with a custodianCommissioner may order transferChallenge to orderStanding at hearing or for judicial review.
Safeguarding securitiesInsurance company's securitiesWritten agreement with custodianRequired terms.
Safeguarding securitiesRules.
Effective date2011 c 188.
Valuation of investments: RCW 48.12.170 through 48.12.200.
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