2020 West Virginia Code
Chapter 33. Insurance
Article 49. Flood Insurance
§33-49-10. Rule-Making Authority

Universal Citation: WV Code § 33-49-10 (2020)

(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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