Filing Fees

Senate Bill 479, effective June 6, 2002, amends Section 34, Article 6, Chapter 33 of the W.Va. Code. As amended, all rate, rule and form filings submitted to the WV Insurance Commission after June 30, 2002 will be subject to the new filing fee structure. Please see the chart below for details.If you have any questions, please contact the Rates and Forms Division at (304) 558-2094 ext. 162 or ext. 144.

New Rate and Form Filing Fee Structure:

Each filing self-addressed pre-paid label or a LARGE envelope is required.

MUST provide one (1) copy of the entire filing with a copy of the cover letter to be stamped for your files, a self-addressed pre-paid label or a LARGE envelope is required.
 
Form Filings MUST be accompanied by the properly completed form abstract.
 
Rate Filings MUST be accompanied by the properly completed rate abstract.

CHECKS OLDER THAN 6 MONTHS WILL BE REFUSED!

We have 60 DAYS from date of receipt to review the filing.

Each resubmission requires another filing fee.

RATING ORGANIZATION LICENSE:

Fee is $100.00. The License is good for a 3 year period.

West Virginia Insurance Commission Fees

(LICENSED INSURANCE COMPANIES)
Application for Admission, including all documents $100.00
Certificate of Good Standing $15.00
Certified Copy of Certificate of Authority $15.00
Filing of additional paper required by law or furnishing copies thereof $1.00
Filing of Amended Articles of Incorporation $50.00
Filing of Amended By-Laws $50.00
Filing of individual forms per company $50.00
Filing of individual rates per company $50.00
Issuing of Certificates (each): Compliance, Deposit, Valuation $15.00
Filing of Annual Statement (March 1) $100.00
Annual license, initial and renewal (June 1) $200.00
Annual Examination Assessment fee (July 1) $1,050.00

(FRATERNAL ASSOCIATIONS)
Annual Examination Assessment fee (July 1) $1,050.00
Annual license, initial and renewal (June 1) $50.00
Filing of Annual Statement (March 1) $25.00
Filing of By-Laws $50.00

(HEALTH MAINTENANCE ORGANIZATIONS)
Amendment to Original Application $200.00
Annual Examination Assessment fee (July 1) $1,050.00
Application for Admission, including all documents $200.00
Filing of Annual Statement (March 1) $100.00

(AGENTS)
Annual license (per Appointment) $25.00
Annual license of excess lines broker $200.00
Examination - Administered by ASI $75.00

(RISK PURCHASING GROUPS)
Registration fee $200.00
Registration modification fee $50.00

(RISK RETENTION GROUPS)
Annual Examination Assessment Fee (July 1) $1,050.00
Filing of Annual Statement fee (July 1) $100.00
Registration fee $200.00
Registration modification fee $50.00

(ACCREDITED REINSURERS)
Annual Examination Assessment Fee (July 1) $1,050.00
Application to become Accredited $100.00
Filing of Annual Statement (March 1) $100.00

(THIRD PARTY ADMINISTRATORS)
Annual Renewal for Home State (due July 1) $300.00
Annual Renewal for Non-Resident (due October 1) $200.00
Annual Renewal for Registered (due October 1) $0.00
Filing of additional paper required by law or furnishing copies thereof $1.00
Request for Certificate of Good Standing $25.00
Request for Certificate of Authority $25.00
TPA Application Fee $100.00

(MANAGING GENERAL AGENT)
Application $500.00
Annual Renewal (due May 1-June 1) $200.00

(SURPLUS LINES)
Application for Admission, including all documents (Foreign/Alien) $100.00
Filing of Annual Statement (March 1) $100.00

(REINSURANCE INTERMEDIARY)
Application $500.00
Annual Renewal (due May 1-June 1) $200.00

All insurance fees remittances are payable to the “Insurance Commissioner of West Virginia” except statutory attorney fee of $10.00 payable to the West Virginia Secretary of State.

Retaliatory provisions apply, in the aggregate, to all taxes and fees.

The information here shown is in summary form. For statutory provisions and definitions see Chapter 33 of the West Virginia Code.