W. Va. Code R. § 114-23-3

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

Section 114-23-3 - Insurers Subject To Reporting Requirements

3.1. Insurers subject to annual reporting requirements. This rule shall apply to every insurer which provided five percent (5%) or more of the medical malpractice insurance coverage in West Virginia during the preceding calendar year.

3.2. Notification by Commissioner. The Commissioner shall annually, on or before May 1, notify in writing those insurers which he has determined provided five percent (5%) or more of the medical malpractice insurance coverage in West Virginia during the preceding calendar year of their obligation to report to the Commissioner the information specified in section 5 of this rule.

3.3. Method of determination. The Commissioner's determination pursuant to subsection 3.2 shall be based upon a comparison of every insurer's gross direct written malpractice premiums in West Virginia during the preceding calendar year to the total gross direct written malpractice premium in West Virginia for that calendar year.

W. Va. Code R. § 114-23-3