W. Va. Code R. § 150-14-7

Current through Register Vol. XLI, No. 38, September 20, 2024

Section 150-14-7 - RULE VI - Forms and Procedures

7.1. Endorsements for policies of insurance, surety bonds, certificates of insurance "and applications to qualify as a self-insurer, or" for approval of other securities or agreements, and notices of cancellation" must be in the forms prescribed and approved by the Commission.

7.2. Certificates of insurance, surety bonds, and notices of cancellation must be filed with the Commission in duplicate. Upon receipt and approval by the Commission, one copy will be stamped "received and approved" and returned to the home office of the insurance or surety company.

7.3. insurance policies and surety bonds shall be written in the full and correct name of the individual, partnership, corporation, or other person to whom the certificate or permit is issued. In case of a partnership, all " partners shall be named.

7.4. All certificates.-- of -insurance filed with this Commission will denote a definite expiration date.

7.5. Surety bonds, policies of insurance endorsements or certificates of insurance and other securities and agreements shall not be cancelled until after thirty (30) days' notice in writing by the insurance company, surety or sureties, motor carrier, or other party thereto, as the case may be, has first been given to the Commission at its office in Charleston, West Virginia, which period of thirty (30) days shall commence from the date such notice is actually received at" the office of the Commission.

7.6. Motor carriers subject to the jurisdiction of this Commission are hereby required to maintain in effect at all times the security for the protection of the public prescribed by these rules.

W. Va. Code R. § 150-14-7