HB 4243
Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to mass marketing of property and liability insurance.
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill allows the West Virginia Insurance Commission to create a specific rule regarding how property and liability insurance is marketed on a large scale. The rule aims to address concerns related to ‘mass marketing’ practices within the insurance industry. This legislation grants the commission the authority to develop and enforce guidelines for these marketing activities. The rule will be detailed in 114 CSR 09 2026R2634H 2026R2633S.
Key provisions
- Authorizes the Insurance Commission to create a legislative rule.
- The rule will focus on ‘mass marketing’ of property and liability insurance.
- The rule is intended to be detailed in 114 CSR 09 2026R2634H 2026R2633S.
- The rule is authorized under §33-2-10 of the Code of West Virginia.
Who is affected
- Insurance Companies
- Consumers of Property and Liability Insurance
- West Virginia Insurance Commission
Notable changes
- Establishes a framework for regulating large-scale insurance marketing campaigns.
Sponsors
Official sponsors from legislative records.
Primary sponsor
D. Smith
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