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Washington Revised Code Title 48. Insurance § 48.62.061. Rule making by state risk manager--Standards

Current as of January 01, 2025 | Updated by Findlaw Staff

The state risk manager shall adopt rules governing the management and operation of both individual and joint local government self-insurance programs covering property or liability risks. The state risk manager shall also adopt rules governing the management and operation of both individual and joint local government self-insured health and welfare benefits programs. All rules shall be appropriate for the type of program and class of risk covered. The state risk manager's rules shall include:

(1) Standards for the management, operation, and solvency of self-insurance programs, including the necessity and frequency of actuarial analyses and claims audits;

(2) Standards for claims management procedures; and

(3) Standards for contracts between self-insurance programs and private businesses including standards for contracts between third-party administrators and programs.

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Cite this article: FindLaw.com - Washington Revised Code Title 48. Insurance § 48.62.061. Rule making by state risk manager--Standards - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-48-insurance/wa-rev-code-48-62-061/

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