West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-20 - Surplus Lines Insurance
Section 114-20-7 - Export List
Universal Citation: 114 WV Code of State Rules 114-20-7
Current through Register Vol. XLI, No. 38, September 20, 2024
7.1. Commissioner may maintain export list. -- The commissioner may maintain an export list of insurance coverages and classes that may be placed with surplus lines insurers for insureds whose home state is West Virginia.
7.1.a. The
commissioner may consider the following in determining the insurance coverages and
classes to be listed:
7.1.a.1. The current
marketplace;
7.1.a.2. Information from
the surplus line licensees;
7.1.a.3.
Information from admitted and surplus lines insurers doing business in West
Virginia;
7.1.a.4. Information from
other sources, including producers and consumers; and
7.1.a.5. Any other information the commissioner
deems relevant.
7.1.b. Any
person may request in writing that, at the next publication of the list, the
commissioner add or remove a coverage or class of insurance from the list. The
person must provide evidence of market conditions to substantiate the
request.
7.1.c. The list, if maintained,
may be published at least annually but may be revised and republished at any
time.
Disclaimer: These regulations may not be the most recent version. West Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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