Bill > HB4242

This bill authorizes the West Virginia Insurance Commission to create a formal regulation, known as a legislative rule, concerning how life insurance premiums can be financed specifically for college students. This means the Insurance Commission, which is the state agency responsible for overseeing insurance matters, will be empowered to establish specific guidelines and rules for companies offering life insurance to students who may need to pay their premiums over time. The bill references a specific legislative rule filed on July 22, 2025, and its authority stems from a broader state code section (§33-2-10) that grants the commission power to make such rules.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4242&year=2026&sessiontype=RS&btype=bill