West Virginia § 33-49-10 Rule-making authority

West Virginia Statutes

§ 33-49-10 — Rule-making authority

West Virginia·Ch. 33 Â INSURANCE·Art. 49 FLOOD INSURANCE

(a)The commissioner may propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code to implement the provisions of this article, including but not limited to:

(1)Establishing and refining definitions;

(2)Requirements for ratemaking, forms and other requirements under this chapter;

(3)Clarifying minimum coverage requirements for flood insurance policies;

(4)Determining whether a policy meets the definition of "private flood insurance" or other certain standards and requirements; and

(5)Solvency and market conduct operations.

(b)The commissioner may promulgate emergency rules pursuant to the provisions of section fifteen, article three, chapter twenty-nine-a of this code for any purposes set forth for legislative

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(a) The commissioner may propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code to implement the provisions of this article, including but not limited to:

(1) Establishing and refining definitions;

(2) Requirements for ratemaking, forms and other requirements under this chapter;

(3) Clarifying minimum coverage requirements for flood insurance policies;

(4) Determining whether a policy meets the definition of "private flood insurance" or other certain standards and requirements; and

(5) Solvency and market conduct operations.

(b) The commissioner may promulgate emergency rules pursuant to the provisions of section fifteen, article three, chapter twenty-nine-a of this code for any purposes set forth for legislative rules in subsection (a) of this section.

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