West Virginia Statutes

§ 33-12-27 — Payment of commissions under assigned risk plan

West Virginia·Ch. 33  INSURANCE·Art. 12 INSURANCE PRODUCERS AND SOLICITORS
An insurer participating in a plan for assignment of personal injury liability insurance or property damage liability insurance on owner's automobiles or operators, which plan has been approved by the commissioner, may pay a commission to a qualified individual insurance producer who is licensed to act as individual insurance producer for any insurer participating in the plan when the individual insurance producer is designated by the insured as the individual insurance producer of record under an automobile assigned risk plan pursuant to which a policy is issued under the plan and section eleven of this article is not applicable thereto.

Free access — add to your briefcase to read the full text and ask questions with AI

West Virginia § 33-12-27 (Payment of commissions under assigned risk plan) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

2004 Reg. Sess., HB4303; 2002 Reg. Sess., HB4497; 1957 Reg. Sess., HB126

Nearby Sections

15
View on official source ↗