Wash. Admin. Code § 284-15-015

Current through Register Vol. 24-17, September 1, 2024
Section 284-15-015 - Procurement of insurance from an unauthorized insurer by an unlicensed person prohibited
(1) "Procured" as used in chapter 48.15 RCW and chapter 284-15 WAC means the act or acts necessary to obtain insurance coverage.
(2) A surplus line broker licensed under chapter 48.15 RCW must not assist a person in complying with the requirements of RCW 48.15.040 if the person:
(a) Is not licensed under chapter 48.15 RCW;
(b) Obtains insurance coverage from an unauthorized insurer; and
(c) Fails to procure the insurance coverage through a surplus line broker licensed under chapter 48.15 RCW.

This subsection applies without limitation to the services of a courtesy filer.

Wash. Admin. Code § 284-15-015

Statutory Authority: RCW 48.02.060 and 48.15.015. WSR 13-17-049 (Matter No. R 2012-27), § 284-15-015, filed 8/14/13, effective 7/1/14.