Wash. Admin. Code § 284-24D-310

Current through Register Vol. 24-21, November 1, 2024

Section 284-24D-310 - What information must be reported if the court does not itemize damages or a claim is settled by the parties?

When reporting claims under RCW 48.140.030(10)(b), the reporting entity must report losses on a gross basis, including:

(1) The total amount of the verdict, judgment, or settlement;

(2) The gross amount paid to indemnify the claimant;

(3) Paid and estimated economic damages; and

(4) Allocated loss adjustment expenses paid by the insuring entities and the insured.

Wash. Admin. Code § 284-24D-310

Statutory Authority: RCW 48.02.060, 48.140.060, and 7.70.140. 07-12-057 (Matter No. R 2006-02), § 284-24D-310, filed 6/4/07, effective 7/22/07.