Washington Administrative Code
Title 284 - Insurance Commissioner, Office of the
Chapter 284-29A - Title insurance rates
Section 284-29A-050 - Unfairly discriminatory rates
Current through Register Vol. 24-06, March 15, 2024
Situations in which the rates are unfairly discriminatory under RCW 48.29.143(1) include, but are not limited to:
(1) Negotiation or bidding of price;
(2) Rating rules that do not have a definite charge for every bracket of coverage;
(3) Discounts not provided to all qualifying risks;
(4) Rating plans in which policies:
(5) A title insurer's application of more than one rate schedule to similarly situated risks in a county or other defined geographical area. For example, it is unfairly discriminatory for a title insurer to use different rate schedules for business produced by different title insurance agents in a specific rating territory.
Statutory Authority: RCW 48.02.060 and 48.29.005. 10-15-092 (Matter No. R 2009-01), § 284-29A-050, filed 7/20/10, effective 8/20/10.