W. Va. Code R. § 114-30-7

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

Section 114-30-7 - Penalty for Insurer's Non-Compliance

Any professional malpractice insurer subject to the provisions of this rule that fails to offer "tail" insurance to an eligible insured, or that violates in any way the provisions of article 20D, chapter 33 of the West Virginia code, shall be assessed a penalty by the commissioner equal to the total amount of premium due for the "tail" insurance that the insurer is required to offer.