Washington § 48.43.360 - Initial RBC reports — Calculation of initial RBC levels — Subsequent reports.

Full text of Washington Revised Code of Washington § 48.43.360 — Initial RBC reports — Calculation of initial RBC levels — Subsequent reports., with citation guidance and answers to common questions.

§ 48.43.360. Initial RBC reports — Calculation of initial RBC levels — Subsequent reports.

For RBC reports to be filed by carriers commencing operations after June 11, 1998, those carriers shall calculate the initial RBC levels using financial projections, considering managed care arrangements, for its first full year in operation. Such projections, including the risk-based capital requirement, must be included as part of a comprehensive business plan that is submitted as part of the application for registration under RCW 48.44.040 and 48.46.030. The resulting RBC requirement shall be reported in the first RBC report submitted under RCW 48.43.305. For subsequent reports, the RBC results using actual financial data shall be included.
[ 1998 c 241 s 13.]

Source: official Washington text · Last verified 2026-08-27

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What does Revised Code of Washington § 48.43.360 cover?

Section 48.43.360 ("Initial RBC reports — Calculation of initial RBC levels — Subsequent reports.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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