SENATE CONCURRENT RESOLUTION NO. 66

(By Senators D. Hall, Cann, Chafin, Facemire, Green, Kirkendoll, Snyder, Tucker, Stollings, Unger, Williams, Kessler (Mr. President), Wells and Plymale)

Requesting the Joint Committee on Government and Finance to study state insurance rates and audit of rate approval system, to include the process for all coverages and especially the process on rate filings.

    Whereas, The Legislature recognizes the importance of the processes required to arrive at fair and accurate insurance rates; and

    Whereas, Fair and accurate insurance rates are necessary for equitable treatment and for maintaining public confidence in available insurance; therefore, be it

    Resolved by the Legislature of West Virginia:

    That the Joint Committee on Government and Finance is hereby requested to study state insurance rates and audit of rate approval system, to include the process for all coverages and especially the process on rate filings; and, be it

    Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2014, on its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations; and, be it

    Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.