Aetna Life Insurance v. Washington Life & Disability Insurance Guaranty Ass'n

This is an action by nine life insurance companies, organized under laws of states other than Washington, challenging the constitutionality of the Washington Life and Disability Insurance Guaranty Association Act, RCW 48.32A, and the assessments levied thereunder in 1972 for the purpose of paying claims of policyholders of the Federal Old Line Insurance Company (FOL).

The trial court found that the guaranty association act was constitutional on its face and as applied. Appellants perfected an appeal directly to this court, and from the 85 findings of fact and conclusions of law make 54…