W. Va. Code R. § 114-15-6

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 114-15-6 - Compensation and Accrued Time of Accredited Examiners

6.1. Subject to the commissioner's approval, insurance company examiner supervisors and market conduct examiner supervisors shall receive the salary recommended for insurance examiners in-charge by the Market Regulation Handbook or Financial Condition Examiners Handbook of the National Association of Insurance Commissioners. Subject to the commissioner's approval, insurance company examiners and market conduct examiners shall receive the salary recommended for insurance company examiners by the Market Regulation Handbook or Financial Condition Examiners Handbook of the National Association of Insurance Commissioners.

6.2. An examiner's salary shall be calculated based upon a five-day work week.

6.3. Examiners shall accrue and use annual leave and sick leave at the rates and in the manner established by current West Virginia Division of Personnel rules for state employees or by such other equivalent method as may be adopted by the state of West Virginia, and as supplemented by agency policies regarding use of annual and sick leave established by the commissioner.

a. On any West Virginia state or national holiday that a company being examined chooses to remain open and an examiner chooses to work, the examiner shall be properly compensated.

b. Examiners shall not be reimbursed for travel or living expenses for any day authorized as annual leave.

c. Examiners shall continue to be reimbursed for living expenses during times of sick leave as long as the examiner remains at his or her on-site lodging during the illness.

W. Va. Code R. § 114-15-6