Bill > SB289

This bill authorizes the West Virginia Insurance Commission to create a legislative rule, which is a formal regulation, concerning how college students can finance the premiums for life insurance policies. The rule, filed on July 22, 2025, and identified as 114 CSR 07, is being approved under the authority granted by section 33-2-10 of the state code, which generally empowers the Insurance Commission to regulate insurance matters. Essentially, this bill gives the green light for the Insurance Commission to establish specific guidelines for premium financing arrangements tailored to life insurance for college students.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=289&year=2026&sessiontype=RS&btype=bill