WAC 284-24D-260. Are claim payments reported on a gross or net basis?

Reporting entities must report claim payments on a gross basis and provide the total amount paid to the claimant to settle the claim. The reporting entity must not deduct the value of offsets or recoverables, such as: (1) Reimbursement for a deductible by the insured; (2) Reimbursement for claim payments by a reinsurer; or (3) Anticipated subrogation recoveries.