WVC 33 - 26 - 2
The purpose of this article is to provide a mechanism for
the payment of covered claims under certain insurance policies to
avoid excessive delay in payment and to avoid financial loss to
claimants or policyholders because of the insolvency of an
insurer, to assist in the detection and prevention of insurer
insolvencies, and to provide an association to assess the cost of
such protection among insurers.