West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-35 - Insurance Holding Company Systems
Section 114-35-10 - Acquisition of W. Va. Code Section 33-27-3(a)(4) Insurers
Universal Citation: 114 WV Code of State Rules 114-35-10
Current through Register Vol. XLI, No. 38, September 20, 2024
10.1. If the person being acquired is considered to be a "domestic insurer" solely because of the provisions of W. Va. Code § 33-27-3(a)(4), the name of the domestic insurer on the cover page should be indicated as follows:
"ABC Insurance Company, a subsidiary of XYZ Holding Company."
10.2. Where a W. Va. Code § 33-27-3(a)(4) insurer is being acquired, references to "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.
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