§33-1-1. Insurance
Insurance is a contract whereby one undertakes to indemnify another or to pay a specified amount upon determinable contingencies.
§33-1-10. Kinds of Insurance Defined
The following definitions of kinds of insurance are not mutually exclusive and, if reasonably adaptable thereto, a particular coverage may be included under one or more of such definitions: (a) Life insurance. — Life insurance is insurance on human lives including endowment benefits, additional benefits in the event of death or dismemberment by accident or […]
§33-1-11. Reinsurance
Reinsurance is a contract of indemnity against liability by which an insurer procures another insurer to insure it against loss or liability by reason of the original insurance.
§33-1-12. Agent
An insurance agent is an individual appointed by an insurer to solicit, negotiate, effect or countersign insurance contracts in its behalf.
§33-1-13. Solicitor
An insurance solicitor is an individual appointed and authorized by an agent to solicit and receive applications for insurance as a representative of such agent.
§33-1-14. Broker
A broker is an individual who for compensation in any manner solicits, negotiates or procures insurance or the renewal or continuance thereof on behalf of insureds or prospective insureds.
§33-1-15. Reciprocal Insurance
Reciprocal insurance is insurance resulting from an interexchange among persons known as subscribers of reciprocal agreements of indemnity, the interexchange being effected through an attorney-in-fact common to all such persons, and the group of such subscribers being a reciprocal insurer.
§33-1-16. Policy
Policy means the contract effecting insurance, or the certificate thereof, by whatever name called, and includes all clauses, riders, endorsements and papers attached thereto and a part thereof.
§33-1-17. Premium
Premium is the consideration for insurance, by whatever name called.
§33-1-18. Stock Insurer
Stock insurer is an incorporated insurer with capital divided into shares and owned by its shareholders.
§33-1-19. Mutual Insurer
Mutual insurer is an incorporated insurer without permanent capital stock and the governing body of which is elected by the policyholders.
§33-1-2. Insurer
Insurer is every person engaged in the business of making contracts of insurance. Insurer includes private carrier as that term is used in chapter twenty-three of this code.
§33-1-21. Emergency Services
(a) Emergency services are: Those services provided in or by a hospital emergency facility, an ambulance providing related services under the provisions of article four-c, chapter sixteen of this code or the private office of a dentist to evaluate and treat a medical condition manifesting itself by the sudden, and at the time, unexpected onset […]
§33-1-3. Person
Person includes an individual, company, insurer, association, organization, society, reciprocal, partnership, syndicate, business trust, corporation or any other legal entity.
§33-1-5. Commissioner
Commissioner means the Insurance Commissioner of West Virginia.
§33-1-6. Domestic Insurer
A domestic insurer is an insurer formed under the laws of West Virginia.
§33-1-7. Foreign Insurer
A foreign insurer is an insurer formed under the laws of the United States or of another state of the United States.
§33-1-8. Alien Insurer
An alien insurer is an insurer formed under the laws of a country other than the United States.
§33-1-9. State; United States
State means any state, commonwealth, territory, or district of the United States. United States includes the states, territories, districts and commonwealths thereof.