{"data":{"id":"us-wa/rcw-48.70.020","jurisdiction":"us-wa","citation":"RCW 48.70.020","heading":"Definitions—Rules.","body":"Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.\n(1) \"Specified disease policy\" refers to any insurance policy or contract which provides benefits to a policyholder only in the event that the policyholder contracts the disease or diseases specifically named in the policy.\n(2) \"Loss ratio\" means the incurred claims as a percentage of the earned premium, computed under rules adopted by the commissioner. Earned premiums and incurred claims shall be computed under rules adopted by the commissioner.","path":["Title 48","Chapter 48.70"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=48.70.020","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:16:23Z","sha256":"ce6c4c5483820e63b6513bec68ee18f7af179bd1d44a6aba2f1ae153ad373ac0","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-48.70.010","next":"us-wa/rcw-48.70.030"},"notice":"GroundRules: Original legal text. Not legal advice."}
