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 Offices of the Insurance Commissioner 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.
| Form Filing |
$50.00 |
| Rule Filing |
$75.00 |
| Rate Filing |
$75.00 |
New Rate and Form Filing Fee Structure:
| Type Of Filing |
Files Per Type |
Cost Per Filing |
| Form |
$50 |
$50 |
| Form/Rule |
$50 + $75 |
$125 |
| Rate/Form |
$75 + $50 |
$125 |
| Rate |
$75 |
$75 |
| Rate/Rule |
$75 + $75 |
$150 |
| Rate/Rule/Form |
$75 + $75 + $50 |
$200 |
| Rule |
$75 |
$75 |
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 Offices of the Insurance Commissioner 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
Application
for Registration.......................................................................................... $200.00
Modification
to Registration........................................................................................... $50.00
RISK RETENTION GROUPS
Annual
Examination Assessment Fee (July 1)............................................................ $1,050.00
Filing of
Annual Statement fee (July 1) ......................................................................... $100.00
Application
for Registration.......................................................................................... $200.00
Modification
to Registration........................................................................................... $50.00
ACCREDITED REINSURERS
Annual
Examination Assessment Fee (July 1)............................................................ $1,050.00
Application
for Admission............................................................................................ $100.00
Filing of
Annual Statement (March 1)............................................................................ $100.00
THIRD PARTY ADMINISTRATORS
Annual
Renewal for Home State (July 1)....................................................................... $300.00
Annual
Renewal for Non-Resident (October 1)............................................................... $200.00
Annual
Renewal for Registered (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
Application
for Admission (Home State/Non-Resident)................................................... $100.00
Application
for Registration............................................................................................. $0.00
MANAGING GENERAL AGENT
Application
for Admission............................................................................................ $500.00
Annual
Renewal (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
for Admission............................................................................................ $500.00
Annual
Renewal (May 1-June 1)................................................................................... $200.00
CHARITABLE GIFT ANNUITIES
Application
for Admission............................................................................................... $0.00
DISCOUNT MEDICAL PLAN ORGANIZATION
Application
for Admission............................................................................................ $300.00
Annual
Renewal (June 1)............................................................................................. $100.00
PROFESSIONAL EMPLOYER ORGANIZATION OR GROUP
Application
for Admission............................................................................................ $300.00
Annual
Renewal (July 1).............................................................................................. $300.00
VIATICAL SETTLEMENT PROVIDER
Application
for Admission............................................................................................ $600.00
Annual
Renewal (March 1)........................................................................................... $300.00
All insurance fees remittances are payable to the
“West Virginia Offices of the Insurance Commissioner” 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.
STATUTORY
DEPOSITS
Domestic
Companies $100,000
Foreign Companies $100,000
or Certificate from insurance official that a like deposit is being maintained.
Alien Companies $100,000
or satisfactory evidence of assets maintained within the United States equal to
liabilities together with an amount equal to required deposit. |
