Washington § 48.70.030 - Expected returns to policyholders — Rules.

Full text of Washington Revised Code of Washington § 48.70.030 — Expected returns to policyholders — Rules., with citation guidance and answers to common questions.

§ 48.70.030. Expected returns to policyholders — Rules.

(1) Commencing with reports for the accounting periods beginning on or after July 1, 1983, specified disease policies shall be expected to return to policyholders in the form of aggregate loss ratios under the policy:
(a) At least seventy-five percent of the earned premiums in the case of group policies; and
(b) At least sixty percent of the earned premiums in the case of individual policies.
(2) For the purpose of this section, specified disease insurance policies issued as a result of solicitation of individuals through the mail or mass media advertising, including both print and broadcast advertising, shall be treated as individual policies.
(3) By July 1, 1983, the commissioner shall adopt rules sufficient to accomplish the provisions of this section.
[ 1982 c 181 s 22.]

Related Washington Legal Topics

Frequently Asked Questions About Washington § 48.70.030

What does Revised Code of Washington § 48.70.030 cover?

Section 48.70.030 ("Expected returns to policyholders — Rules.") 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.

How do I cite Washington § 48.70.030?

A common citation format is "Revised Code of Washington § 48.70.030" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.70.030 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.