W. Va. Code R. § 114-45-1

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

Section 114-45-1 - General

1.1. Scope. -- This Legislative rule applies to all life insurance companies and fraternal benefit societies doing business in this State and to all life insurance companies and fraternal benefit societies which are authorized to reinsure life insurance, annuities or accident and health insurance business in this State. This rule is based upon the National Association of Insurance Commissioners' "Model Rule For Recognizing a New Annuity Mortality Table For Use In Determining Reserve Liabilities For Annuities (Model 821)," as amended in 2012.

1.2. Authority. -- W. Va. Code §§ 33-2-10, 33-7-9a and 33-7-9(e)(2),(3) and (5).

1.3. Filing Date. -- April 24, 2015.

1.4. Effective Date. -- July 23, 2015.

W. Va. Code R. § 114-45-1