For purposes of this article, the term:
(a) "Board of medicine" means the West Virginia Board of Medicine as provided in section five, article three, chapter thirty of this code.
(b) "Board of osteopathy" means the West Virginia board of osteopathy as provided in section three, article fourteen, chapter thirty of this code.
(c) "Commissioner" means the Insurance Commissioner of West Virginia as provided in section one, article two, chapter thirty-three of this code.
(d) "Company" means the physicians' mutual insurance company created pursuant to the terms of this article.
(e) "Medical liability insurance" means, for the purposes of this article: All policies previously issued by the Board of Risk and Insurance Management pursuant to article twelve-b, chapter twenty-nine of this code which are transferred by the Board of Risk and Insurance Management to the company, pursuant to subsection (b), section nine of this article and all policies of insurance subsequently issued by the company to physicians, physician corporations, physician-operated clinics and such other individual health care providers as the commissioner may, upon written application of the company, approve.
(f) "Physician" means an individual who is licensed by the Board of Medicine or the board of osteopathy to practice medicine or podiatry in West Virginia.
(g) "Transfer date" means the date on which the assets, obligations and liabilities resulting from the Board of Risk and Insurance Management's issuance of medical liability policies to physicians, physician corporations and physician-operated clinics pursuant to article twelve-b, chapter twenty-nine of this code are transferred to the company.