The rates and premiums charged for insurance policies to which this article applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
Structure West Virginia Code
Article 26. West Virginia Guaranty Association Act
§33-26-6. Creation of the Association
§33-26-8. Powers and Duties of the Association
§33-26-10. Duties and Powers of the Commissioner
§33-26-11. Effect of Paid Claims
§33-26-12. Exhaustion of Other Coverage; Deductible Reimbursement
§33-26-13. Prevention of Insolvencies
§33-26-14. Examination of Association; Financial Report
§33-26-16. Recognition of Assessments in Rates
§33-26-18. Stay of Proceedings; Reopening of Default Judgments