Washington Revised Code Title 51. Industrial Insurance § 51.14.160. School districts, ESDs, or hospitals as self-insurers--Rules--Scope

(1) Governing the formation of self-insurance groups for the purposes of this chapter;

(2) Governing the organization and operation of the groups to assure their compliance with the requirements of this chapter;

(3) Requiring adequate monetary reserves, determined under accepted actuarial practices, to be maintained by each group to assure financial solvency of the group; and

(4) Requiring each group to carry adequate reinsurance.