(a) The commissioner may suspend, revoke or refuse to renew the license of any rating organization which violates any provision of this article or chapter or which fails to comply with an order of the commissioner issued pursuant to this chapter, within the time limited by such order, or any extension thereof which the commissioner may grant. The commissioner may determine when a suspension of license shall become effective and it shall remain in effect for the period fixed by him unless he modifies or rescinds such suspension, or until the order upon which such suspension is based is modified, rescinded or reversed.
(b) No license shall be suspended or revoked except upon a written order of the commissioner made after notice and hearing. The commissioner shall not suspend or revoke the license of any rating organization for failure to comply with an order of the commissioner until the time prescribed for an appeal therefrom has expired or, if an appeal has been taken, until such order has been affirmed.
Structure West Virginia Code
Article 20. Rates and Rating Organizations
§33-20-1. Purpose and Interpretation of Article
§33-20-4a. Biannual Rate Filings for Certain Insurance Lines
§33-20-5. Disapproval of Filings
§33-20-6. Rating Organizations
§33-20-7. Deviations From Filings
§33-20-8. Appeals by Members of or Subscribers to Rating Organization
§33-20-9. Information to Be Furnished Insureds; Hearings and Appeals of Insureds
§33-20-10. Advisory Organizations
§33-20-11. Joint Underwriting or Joint Reinsurance
§33-20-13. Rate Administration
§33-20-14. False or Misleading Information
§33-20-17. Determination of Rates on Dwellings
§33-20-18. Reduction of Premium Charges for Persons Fifty-Five Years of Age or Older