H. B. 2537
(By Delegates Barker, Butcher, Martin,
Eldridge and Stowers)
[Introduced January 13, 2010; referred to the
Committee on Banking and Insurance then the Judiciary.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §33-6-38, relating to
prohibiting insurers providing automobile and homeowners
insurance from increasing the rates for persons over the age
of sixty-five based solely on their age.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §33-6-38, to read as
follows:
ARTICLE 6. THE INSURANCE POLICY.
§33-6-38. Prohibition against raising rates of automobile and
homeowners insurance of persons over sixty-five.
No insurer may increase the rates for coverage of automobile
liability insurance or homeowners insurance for persons over the
age of sixty-five for the sole reason of a person's age.
NOTE: The purpose of this bill is to prevent insurers from
increasing the rates for coverage of automobile liability insurance
and homeowners insurance for persons over the age of sixty-five for
the sole reason of a person's age.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.