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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Eligibility to participate in the preferred professional liability insurance program shall be determined by underwriting criteria approved by the board and set forth in a written underwriting manual, and shall be subject to rates approved by the board and set forth in a written rating manual. Participation in the preferred professional liability insurance program shall not be limited based on geographic location or specialty, but may be limited based upon indemnity loss history, number of patient exposures, refusal to participate in risk management/loss control programs or any other grounds the board may approve, as set forth in a written underwriting manual. The board shall periodically review its underwriting manual and make any changes it considers necessary or appropriate.
(b) Qualification for participation in the preferred professional liability insurance program shall be reviewed each year, and any participant may be transferred to the high risk professional liability insurance program, as set forth in the written underwriting manual approved by the board.
Cite this article: FindLaw.com - West Virginia Code Chapter 29. Miscellaneous Boards and Officers § 29-12B-8. Preferred professional liability insurance program - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-29-miscellaneous-boards-and-officers/wv-code-sect-29-12b-8/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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