West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-45 - Recognizing Annuity Mortality Tables for Use in Determining Reserve Liabilities for Annuities
Section 114-45-1 - General
Current through Register Vol. XLI, No. 38, September 20, 2024
1.1. Scope. -- This Legislative rule applies to all life insurance companies and fraternal benefit societies doing business in this State and to all life insurance companies and fraternal benefit societies which are authorized to reinsure life insurance, annuities or accident and health insurance business in this State. This rule is based upon the National Association of Insurance Commissioners' "Model Rule For Recognizing a New Annuity Mortality Table For Use In Determining Reserve Liabilities For Annuities (Model 821)," as amended in 2012.
1.2. Authority. -- W. Va. Code §§ 33-2-10, 33-7-9a and 33-7-9(e)(2),(3) and (5).
1.3. Filing Date. -- April 24, 2015.
1.4. Effective Date. -- July 23, 2015.