RCW 48.17.470
Records of agents, brokers, adjusters.
(Effective until July 1, 2009.)
(1) Every agent, or broker, or
adjuster shall keep at his address as shown on his license, a
record of all transactions consummated under his license. This
record shall be in organized form and shall include:
(a) If an agent or broker,
(i) a record of each insurance contract procured, issued, or
countersigned, together with the names of the insurers and
insureds, the amount of premium paid or to be paid, and a
statement of the subject of the insurance;
(ii) the names of any other licensees from whom business is
accepted, and of persons to whom commissions or allowances of any
kind are promised or paid.
(b) If an adjuster, a record of each investigation or
adjustment undertaken or consummated, and a statement of any fee,
commission, or other compensation received or to be received by
the adjuster on account of such investigation or adjustment.
(c) Such other and additional information as shall be
customary, or as may reasonably be required by the commissioner.
(2) All such records as to any particular transaction shall
be kept available and open to the inspection of the commissioner
at any business time during the five years immediately after the
date of the completion of such transaction.
(3) This section shall not apply as to life or disability
insurances.
[1947 c 79 § .17.47; Rem. Supp. 1947 § 45.17.47.]
RCW 48.17.470
Records of insurance producers, title
insurance agents, adjusters. (Effective July 1, 2009.)
(1)
Every insurance producer, title insurance agent, or adjuster
shall retain a record of all transactions consummated under the
license. This record shall be in organized form and shall
include:
(a) If an insurance producer or title insurance agent:
(i) A record of each insurance contract procured or issued,
together with the names of the insurers and insureds, the amount
of premium paid or to be paid, and a statement of the subject of
the insurance;
(ii) The names of any other licensees from whom business is
accepted, and of persons to whom commissions or allowances of any
kind are promised or paid.
(b) If an adjuster, a record of each investigation or
adjustment undertaken or consummated, and a statement of any fee,
commission, or other compensation received or to be received by
the adjuster on account of such investigation or adjustment.
(c) Such other and additional information as shall be
customary, or as may reasonably be required by the commissioner.
(2) All such records as to any particular transaction shall
be kept available and open to the inspection of the commissioner
at any business time during the five years immediately after the
date of the completion of such transaction.
(3) This section shall not apply as to life or disability
insurances.
[2007 c 117 § 24; 1947 c 79 § .17.47; Rem. Supp. 1947 § 45.17.47.]