West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-77 - Rate Filing Requirements For Title Insurance Companies
Section 114-77-3 - Definitions

Universal Citation: 114 WV Code of State Rules 114-77-3

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

As used in this rule:

3.1. "Commercial" means any title insurance not meeting the definition of "non-commercial.

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

3.3. "Noncommercial" means insurance that insures title to (a) property, other than property of a business or professional nature, which is used predominantly for residential, personal, family or household purposes; and (b) unimproved property that is intended for such purposes.

3.4 "Title insurance" means insurance of owners of property or others having an interest therein, or liens or encumbrances thereon, against loss by encumbrance, defective title, invalidity or adverse claim to title.

Disclaimer: These regulations may not be the most recent version. West Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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