West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-41 - Actuarial Opinion And Memorandum Rule
Section 114-41-2 - Purpose
Universal Citation: 114 WV Code of State Rules 114-41-2
Current through Register Vol. XLI, No. 38, September 20, 2024
2.1. The purpose of this rule is to prescribe:
2.1.a. Requirements for
statements of actuarial opinion that are to be submitted in accordance with the
Standard Valuation Law, W. Va. Code §
33-7-9(c),
and for memoranda in support thereof;
2.1.b. Rules applicable to the appointment of an
appointed actuary; and
2.1.c. Guidance
as to the meaning of "adequacy of reserves."
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