WVC 29 - 3 - 22
§29-3-22. Tax on insurance companies.
Every insurance company doing business in this state, except
farmers' mutual fire insurance companies, shall pay to the state
insurance commissioner annually on or before the first day of
March, in addition to the taxes now required by law to be paid by
the companies, one half of one percent of the taxable premiums of
the companies on insurance against the hazard of fire and on that
portion of all other taxable premiums reasonably applicable to
insurance against the hazard of fire which are included in other
coverages, and received by it for insurance on property or risks in
this state during the calendar year next preceding as shown by
their annual statement under oath to the insurance department. The
money so received by the state insurance commissioner is paid by
him or her into the treasury and credited to the special revenue
fund created in section twelve-b of this article.