W. Va. Code R. § 114-22-4

Current through Register Vol. XLII, No. 1, January 3, 2025

Section 114-22-4 - Filing Deadline; Failure To Submit Information

4.1. Filing deadline. Insurers shall submit all information specified in section 5 of this rule to the Commissioner on or before August 1 immediately succeeding notification by the Commissioner pursuant to subsection 3.2.

4.2. Failure to submit information. Any insurer which fails to timely submit any and all information specified in section 5 of this rule to the Commissioner shall be fined ten thousand dollars ($10,000.00) for each of the first five (5) such failures per year and shall be fined one hundred thousand dollars ($100,000.00) for the sixth (6th) and each subsequent such failure per year.