Washington Code 48.18.295 – RCW 48.18.290 through 48.18.297 not to prevent cancellation or nonrenewal, when
Current as of: 2023 | Check for updates
|
Other versions
Nothing in RCW 48.18.290 through 48.18.297 shall be construed to prevent the cancellation or nonrenewal of any such insurance where:
Terms Used In Washington Code 48.18.295
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(1) Such cancellation or nonrenewal is ordered by the commissioner under a statutory delinquency proceeding commenced under the provisions of chapter 48.31 RCW, or
(2) Permission for such cancellation or nonrenewal has been given by the commissioner on a showing that the continuation of such coverage can reasonably be expected to create a condition in the company hazardous to its policyholder, or to its creditors, or to its members, subscribers, or stockholders, or to the public.
NOTES:
Application—1985 c 264 §§ 17-22: See note following RCW 48.18.290.
Construction—1969 ex.s. c 241 §§ 19-25: See note following RCW 48.18.291.
Severability—1967 ex.s. c 95: “If any provision of this act, or its application to any person or circumstance is held invalid, the remainder of the act, or the application of the provision to other persons and circumstances is not affected.” [ 1967 ex.s. c 95 § 16.]