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Enrolled Version - Final Version Senate Bill 559 History

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Key: Green = existing Code. Red = new code to be enacted

ENROLLED


COMMITTEE SUBSTITUTE

FOR


Senate Bill No. 559

(Senators Hunter and Minard, original sponsors)

____________

[Passed March 9, 2007;

in effect ninety days from passage.]

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AN ACT to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §33-4-21, relating to predatory insurance sales practices; and authorizing the Insurance Commissioner to promulgate emergency rules to protect military personnel.

Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §33-4-21, to read as follows:
ARTICLE 4. GENERAL PROVISIONS.
§33-4-21. Deceptive sales on military bases prohibited; rules.
No person in the business of insurance may engage in dishonest or predatory insurance sales practices on federal land or facilities in this state. The commissioner may promulgate emergency rules pursuant to the provisions of section fifteen, article three, chapter twenty-nine-a of this code to identify certain false, misleading, deceptive and unfair insurance sales practices as dishonest or predatory and to protect service members of the United States armed forces from these practices. To the extent permitted by federal law, the commissioner may enforce this chapter and the rules promulgated pursuant to this chapter on federal land and facilities in this state.
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