48.19.320 - Advisory organizations -- Definition. - Washington Statutes

Advisory organizations — Definition.

(1) Every group, association or other organization of insurers, whether located within or outside this state, which assists insurers which make their own filings or rating organizations in rate making, by the collection and furnishing of loss or expense statistics, or by the submission of recommendations, but which does not make filings under this chapter, shall be known as an advisory organization.

     (2) This section does not apply to subscribers' committees provided for in RCW 48.19.230.

[1947 c 79 § .19.32; Rem. Supp. 1947 § 45.19.32.]