W. Va. Code R. § 114-42-7

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

Section 114-42-7 - Proof of Completion

7.1. Upon completion of a continuing insurance education course, the provider shall certify to the Commissioner the names of all individual insurance producers or individual insurance adjusters who satisfactorily completed the continuing insurance education course. The certification shall be in the form prescribed by the Commissioner.

7.1.1. The continuing education attendance certification roster shall be mailed by the provider to the Commissioner within thirty (30) days after the continuing insurance education course is completed. The provider shall submit a self-study course certification roster to the Commissioner within thirty (30) days of receipt of the completed course from the individual insurance producer or individual insurance adjuster.

7.1.2. The provider of the continuing insurance education course or a self-study continuing education course shall furnish a certificate of satisfactory completion to the individual insurance producer or individual insurance adjuster completing the course. The individual insurance producer or individual insurance adjuster shall retain a copy of the certificate for not less than four (4) years from the date the course is completed.

7.1.3. The provider shall retain a copy of a certification roster of attendance and self-study courses submitted for not less than four (4) years from the date the course is completed.

7.2. Providers of continuing insurance education courses and individual insurance producers or individual insurance adjusters shall make available to the Commissioner or his or her designee copies of certificates upon request of the Commissioner.

7.3. The Commissioner shall assess a late fee against a provider submitting a course certification roster outside the time period provided for in section 7.1 of this rule in the amount of twenty-five dollars ($25.00) for each individual insurance producer and/or individual insurance adjuster listed on the certification roster who satisfactorily completed the continuing insurance education course.

7.4. The Commissioner may disapprove the course(s) or program(s) of instruction developed or sponsored by a provider who establishes a pattern or practice of failure to comply with this rule or who fails to pay any fee assessed under this rule. The provider shall pay all applicable fees before the Commissioner may complete approval or re-approval of the courses or programs of instruction developed or sponsored by the provider.

W. Va. Code R. § 114-42-7