West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-42 - Continuing Education for Individual Insurance Producers and Individual Insurance Adjusters
Section 114-42-2 - Definitions

2.1. "Approved course" means a course or program of instruction approved by the Commissioner and the Board of Insurance Agent Education for continuing insurance education credit.

2.2. "Biennium" means the two-year reporting period that is coextensive with the producer's license or adjuster's license period.

2.3. "Board" means the Board of Insurance Agent Education established pursuant to W. Va. Code § 33-12-7 and referred to in W. Va. Code § 33-12B-13.

2.4. "Cancelled license" means a producer or adjuster license which has been:

2.5. "Certificate of course completion" means a document acceptable to the Commissioner which signifies satisfactory completion of an approved course and reflects hours of credit earned.

2.6. "Commissioner" means the West Virginia Insurance Commissioner.

2.7. "Dual credit course" means a continuing insurance education course that has been approved by the Commissioner and the Board of Insurance Agent Education as a continuing insurance education credit for both individual insurance producers and individual insurance adjusters.

2.8. "Individual insurance producer" or "producer" means an individual licensed by the Commissioner to solicit, negotiate, effect or countersign insurance contracts on the insurer's behalf.

2.9. "Individual insurance adjuster" or "adjuster" means an individual who investigates, negotiates, or settles insurance claims and includes a company adjuster, independent adjuster, or public adjuster, as defined in W. Va. Code § 33-12B-1.

2.10. "Provider" means a person, corporation, professional association or its local affiliates, an insurance company or other entity which is approved by the Commissioner and provides approved continuing insurance education to individual insurance producers and/or individual insurance adjusters.

2.11. "Reporting period" means the applicable biennium during which an individual insurance producer or individual insurance adjuster must meet his or her continuing insurance education requirements in order to maintain his or her license as required by W. Va. Code §§ 33-12-8 or 33-12B-13.

2.12. "Suspended insurance producer" means an individual whose license to engage in the sale of insurance has been temporarily withdrawn until such time as the individual insurance producer has successfully completed his or her continuing insurance education requirements.

2.13. "Suspended insurance adjuster" means an individual whose license to adjust insurance claims has been temporarily withdrawn until such time as the individual insurance adjuster has successfully completed his or her continuing education requirements.

2.14. "Suspension of all licenses issued for any kind or kinds of insurance" means those licenses for which continuing insurance education is required pursuant to this rule, W. Va. Code §§ 33-12-1 et seq. and 33-12B-1 et seq.