HB 4244
Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to the advertisement of accident and sickness 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 authorizes the West Virginia Insurance Commission to create a rule that governs how accident and sickness insurance is advertised. The rule will be developed under the existing authority of §33-2-10 of the Code of West Virginia. This legislation aims to standardize and regulate advertising practices within the insurance industry in the state. The specific details of the rule will be determined by the Insurance Commission.
Key provisions
- Authorizes the Insurance Commission to create a legislative rule.
- The rule will pertain to the advertisement of accident and sickness insurance.
- The rule is based on existing authority under §33-2-10 of the Code of West Virginia.
- The Insurance Commission will be responsible for developing and implementing the rule.
Who is affected
- Insurance companies
- Advertisers of insurance products
- Consumers of accident and sickness insurance
Sponsors
Official sponsors from legislative records.
Primary sponsor
D. Smith
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