W. Va. Code R. § 114-94-2
Current through Register Vol. XLI, No. 50, December 13, 2024
Section 114-94-2 - Definitions2.1. "Commissioner" means the West Virginia Insurance Commissioner.2.2. "Discretionary participant" means any discretionary participant as defined in W. Va. Code § 33-2-21 a(a)(1).2.3. "Executive state entity" means the Governor's Office, including the Governor's Mansion, Office of Economic Opportunity, Commission for National and Community Service, Equal Employment Opportunity Office and the Governor's Office of Health Enhancement and Lifestyle Planning; the Bureau of Senior Services; and any other entity transferred to and incorporated in one of the executive departments created in W. Va. Code § 5F-1-2 and which is required to provide a detailed expenditure schedule to the Secretary of Revenue pursuant to W. Va. Code § 11B-2-12.2.4. "Experience rating" means a statistical procedure utilizing past risk experience to produce a prospective premium credit, debit or unity modification.2.5. "Loss costs" are incurred losses on an accrual basis per $100 of payroll for the period under measurement.2.6. "NCCI" means the National Council of Compensation Insurers, which was designated by the Commissioner as the state's rating organization in 2007 pursuant to W. Va. Code § 23-2C-18 a; the term also includes any successor rating organization designated by the Commissioner.2.7. "Participation agreement" or "Agreement" means the document published on the Commissioner's website that contains the requirements to which all participants must adhere and which must be executed by the person who has the authority to legally bind that participant.2.8. "State Agency Workers' Compensation" or "SAWC" means the procedure established by the Commissioner pursuant to W. Va. Code § 33-2-21 a and this rule to provide for the mandatory coverage of workers' compensation risks for all executive state entities and for those discretionary participants that participate in SAWC.W. Va. Code R. § 114-94-2