RCW 48.17.170
Form and content of licenses. (Effective
until July 1, 2009.)
Agents', solicitors', adjusters' and brokers' licenses shall be in the form and contain the essential information prescribed by the commissioner.
[1979 ex.s. c 269 § 3; 1947 c 79 § .17.17; Rem. Supp. 1947 § 45.17.17.]
NOTES:
Effective date, implementation -- 1979 ex.s. c 269: See note following RCW 48.14.010.
RCW 48.17.170
Insurance producers', title insurance
agents', and adjusters' licenses -- Authorized lines of
authority -- Definitions -- Form and content of licenses. (Effective
July 1, 2009.)
(1) Unless denied licensure under RCW 48.17.530,
persons who have met the requirements of RCW 48.17.090 and 48.17.110 shall be issued an insurance producer license. An
insurance producer may receive a license in one or more of the
following lines of authority:
(a) "Life," which is insurance coverage on human lives,
including benefits of endowment and annuities, and may include
benefits in the event of death or dismemberment by accident and
benefits for disability income;
(b) "Disability," which is insurance coverage for accident,
health, and disability or sickness, bodily injury, or accidental
death, and may include benefits for disability income;
(c) "Property," which is insurance coverage for the direct
or consequential loss or damage to property of every kind;
(d) "Casualty," which is insurance coverage against legal
liability, including that for death, injury, or disability or
damage to real or personal property;
(e) "Variable life and variable annuity products," which is
insurance coverage provided under variable life insurance
contracts, variable annuities, or any other life insurance or
annuity product that reflects the investment experience of a
separate account;
(f) "Personal lines," which is property and casualty
insurance coverage sold to individuals and families for primarily
noncommercial purposes;
(g) Limited lines:
(i) Surety;
(ii) Limited line credit insurance;
(iii) Travel;
(h) Specialty lines:
(i) Communications equipment or services;
(ii) Rental car; or
(i) Any other line of insurance permitted under state laws
or rules.
(2) Unless denied licensure under RCW 48.17.530, persons who
have met the requirements of RCW 48.17.090(4) shall be issued a
title insurance agent license.
(3) All insurance producers', title insurance agents', and
adjusters' licenses issued by the commissioner shall be valid for
the time period established by the commissioner unless suspended
or revoked at an earlier date.
(4) Subject to the right of the commissioner to suspend,
revoke, or refuse to renew any insurance producer's, title
insurance agent's, or adjuster's license as provided in this
title, the license may be renewed into another like period by
filing with the commissioner by any means acceptable to the
commissioner on or before the expiration date a request, by or on
behalf of the licensee, for such renewal accompanied by payment
of the renewal fee as specified in RCW 48.14.010.
(5) If the request and fee for renewal of an insurance
producer's, title insurance agent's, or adjuster's license is
filed with the commissioner prior to expiration of the existing
license, the licensee may continue to act under such license,
unless sooner revoked or suspended, until the issuance of a
renewal license, or until the expiration of fifteen days after
the commissioner has refused to renew the license and has mailed
order of such refusal to the licensee. Any request for renewal
not so filed until after date of expiration may be considered by
the commissioner as an application for a new license.
(6) For all licenses, if request for renewal of an insurance
producer's, title insurance agent's, or adjuster's license or
payment of the fee is not received by the commissioner prior to
the expiration date as required under subsection (4) of this
section, the insurer or applicant for renewal shall pay to the
commissioner and the commissioner shall collect, in addition to
the regular fee, a surcharge as follows: For the first thirty
days or part thereof of delinquency the surcharge is fifty
percent of the fee; for all delinquencies extending more than
thirty days, the surcharge is one hundred percent of the fee. A
surcharge of two hundred percent of the renewal fee is required
for any delinquency extending more than sixty days after the
expiration date. This subsection shall not exempt any person
from any penalty provided by law for transacting business without
a valid and subsisting license or appointment, or affect the
commissioner's right, at his or her discretion, to consider such
delinquent application as one for a new license or appointment.
(7) An individual insurance producer, title insurance agent,
or adjuster who allows his or her license to lapse may, within
twelve months after the expiration date, reinstate the same
license without the necessity of passing a written examination.
(8) A licensed insurance producer who is unable to comply
with license renewal procedures due to military service or some
other extenuating circumstance such as a long-term medical
disability, may request a waiver of those procedures. The
producer may also request a waiver of any examination requirement
or any other fine or sanction imposed for failure to comply with
renewal procedures.
(9) The license shall contain the licensee's name, address,
personal identification number, and the date of issuance, lines
of authority, expiration date, and any other information the
commissioner deems necessary.
(10) Licensees shall inform the commissioner by any means
acceptable to the commissioner of a change of address within
thirty days of the change. Failure to timely inform the
commissioner of a change in legal name or address may result in a
penalty under either RCW 48.17.530 or 48.17.560, or both.
[2007 c 117 § 12; 1979 ex.s. c 269 § 3; 1947 c 79 § .17.17; Rem. Supp. 1947 § 45.17.17.]
NOTES:
Effective date, implementation -- 1979 ex.s. c 269: See note following RCW 48.14.010.