Chapter 48.31B RCW

INSURER HOLDING COMPANY ACT

Sections
Definitions.
Domestic insurer may acquire subsidiariesAuthorized investmentsInsurer ceases to control subsidiaryDisposal of investment.
Control of insurerAcquisition, merger, or exchangePreacquisition notificationDivestment of controlling interestJurisdiction of courts.
Acquisition of insurerChange in controlDefinitionsExemptionsCompetitionPreacquisition notificationViolationsPenalties.
Registration with commissionerInformation requiredRule makingDisclaimer of affiliationAnnual enterprise risk reportFailure to file.
Insurer subject to registrationStandards for transactions within a holding company systemExtraordinary dividends or distributionsInsurer's surplusOfficers and directors.
Examination of insurersCommissioner may order production of informationFailure to complyCosts of examination.
Commissioner may participate in a supervisory collegePurposesCosts.
Confidentiality of certain documents, materials, or other informationPermitted uses.
Rule making.
Violations of chapterCommissioner may seek superior court order.
Violations of chapterFinesCivil forfeituresOrdersReferral to prosecuting attorneyImprisonmentOrders of supervision.
Violations of chapterImpairment of financial conditionCommissioner may take possession.
Order for liquidation or rehabilitationRecovery of distributions or paymentsPersonal liabilityMaximum amount recoverable.
Violations of chapterContrary to interests of policyholders or the publicSuspension, revocation, or nonrenewal of license.
Person aggrieved by actions of commissioner.
Short title.
Severability1993 c 462.
Implementation1993 c 462.
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