114 CSR 74
Senate Bill No. 358
(By Senators Minard, Fanning, Prezioso,
Unger, Boley and Minear)
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[Introduced January 27, 2006; referred to the
Committee on Banking and Insurance
;
and then to the Committee on the Judiciary.]
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A BILL to amend and reenact article 7, chapter 64 of the Code of
West Virginia, 1931, as amended, relating to authorizing the
Insurance Commissioner to promulgate a legislative rule
relating to the nonrenewal of property insurance policies.
Be it enacted by the Legislature of West Virginia:
That article 7, chapter 64 of the Code of West Virginia, 1931,
as amended, be amended and reenacted to read as follows:
ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO
PROMULGATE LEGISLATIVE RULES.
§64-7-1. Insurance Commissioner.
The legislative rule filed in the state register on the
twenty-ninth day of July, two thousand five, authorized under the
authority of section ten, article two, chapter thirty-three, of
this code, relating to the Insurance Commissioner (nonrenewal of
property insurance policies, 114 CSR 74), is authorized.
NOTE: The purpose of this bill is to authorize the Insurance
Commissioner to promulgate a legislative rule relating to the
Nonrenewal of Property Insurance Policies.
This section is new; therefore, strike-throughs and
underscoring have been omitted.