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- Title 48. Insurance
- Chapter 48.05. Insurers-General Requirements
RCW 48.05.130 Certificate of Authority-Mandatory Refusal, Revocation, Suspension
| Library | Washington Statutes |
| Edition | 2023 |
| Currency | Current through the 2023 1st Special Session |
| Year | 2023 |
| Citation | RCW 48.05.130 |
The commissioner shall refuse to renew or shall revoke or suspend an insurer's certificate of authority, in addition to other grounds therefor in this code, if the insurer:
(1) Is a foreign or alien insurer and no longer qualifies or meets the requirements for the authority; or, is a domestic mutual or domestic reciprocal insurer, and fails to make good a deficiency of assets as required by the commissioner.
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