West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-74 - Nonrenewal Of Property Insurance Policies
Section 114-74-1 - General

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

1.1. Scope. -- This rule addresses various aspects of the alternative percentage method for the nonrenewal of property insurance policies set forth in W. Va. Code § 33-17A-4 a (2005), including requirements for the nonrenewal notices, the establishment of the procedure for resolving complaints by persons whose property insurance policies have been nonrenewed and the filing of underwriting standards by insurers.

1.2. Authority. -- W. Va. Code §§ 33-2-10 and 33-17A-4 a (2005).

1.3. Filing Date. -- April 13, 2006.

1.4. Effective Date. -- April 24, 2006.

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