WVC 33 - 21 - 3
§33-21-3. Kinds of insurance.
A reciprocal insurer, upon being licensed therefor as
provided in this article, when possessed of and maintaining on
deposit surplus funds equal to the minimum capital required of a
stock insurer to transact like kinds of insurance, may transact
fire, marine, casualty or surety insurance, and may purchase
reinsurance upon the risk of any subscriber, and may grant
reinsurance as to any kind of insurance it is licensed to
transact direct. No reciprocal insurer shall be licensed to
transact, nor shall any reciprocal insurer transact, life or
accident and sickness insurance.