HB4466 S B&I AMT #1 2-25

Casey 7988


The Committee on Banking and Insurance moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Eng. House Bill 4466A Bill to amend the Code of West Virginia, 1931, as amended, by adding thereto a new article, designated 33-53-1, 33-53-2, 33-53-3, 33-53-4, 33-53-5, 33-53-6 and 33-53-7, all relating to certificates of insurance for property or casualty insurance; specifying short title; defining terms; establishing form requirements; providing limitations for certificates of service; setting forth limitations on use; addressing notice requirements; setting forth applicability and internal effective date; and providing for enforcement by Commissioner of Insurance, for penalties, and for rulemaking.