Wash. Rev. Code § 48.46.625

Current through the 2024 Regular Session

Section 48.46.625 - Report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements-Information required

The following is required to be disclosed in any report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements:

(1) The effective date of the nonrenewal, cancellation or revision;

(2) The description of the transaction with an identification of the initiator;

(3) The purpose of or reason for the transaction; and

(4) If applicable, the identity of the replacement reinsurers.

RCW 48.46.625

1995 c 86 § 24.