West Virginia gives its insurance commission a lot of leeway when it comes to regulating workers’ compensation coverage. But pending legislation could change that.
The House majority whip and judiciary chairwoman are among the sponsors of a bill that would require the commission to seek legislative approval for rule changes governing this line of insurance.
Lawmakers review rules for most agencies and programs. The commission was exempted when West Virginia privatized its state-run workers’ compensation system.
The commission and lawmakers have since clashed over proposed rules for the handling of benefits and claims.
Supporters of the current system say the proposal could chill the market, which opened to competition July 1.
Topics Legislation Virginia
Was this article valuable?
Here are more articles you may enjoy.
Axios Software Tool Used by Millions Compromised in Hack
Viewpoint: How Will the Middle East War Affect the Insurance Sector?
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years 

