West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-40 - Credit For Reinsurance
Section 114-40-1 - General

Universal Citation: 114 WV Code of State Rules 114-40-1

Current through Register Vol. XLI, No. 38, September 20, 2024

1.1. Scope. -- This legislative rule establishes the standards and procedural requirements which the commissioner considers necessary to carry out the provision of W. Va. Code § 33-4-15a dealing with credit for reinsurance. The actions and information required by this rule are declared to be necessary and appropriate in the public interest and for the protection of the ceding insurers in this state.

1.2. Authority. -- W. Va. Code §§ 33-2-10 and 33-4-15a(e).

1.3. Filing Date. -- April 12, 2021.

1.4. Effective Date. -- July 1, 2021.

1.5. Sunset Provision. -- This rule shall terminate and have no further force or effect upon August 1, 2026.

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