" A BILL to amend and reenact §33-46A-2 of the Code of West Virginia, 1931, as amended; and to amend said code by adding thereto a new section, designated §33-46A-4a, all relating to professional employer organizations; revising definition of "professional services"; providing that the operation of a professional employer organization constitutes the "transaction of insurance" subject to the provisions of article forty-four, chapter thirty-three of said code ; providing that a professional employer organization operating in this state without a license to do so is an "unauthorized insurer" and, upon violation of the provisions of article forty-four, chapter thirty-three of said code , is guilty of a felony and providing penalties upon conviction thereof; subjecting unlicensed professional employer organizations to penalty and other provisions regulating the unauthorized transaction of insurance; and authorizing insurance fraud unit to conduct investigations of professional employer organization s. "