FISCAL NOTE
FISCAL NOTE
2023 REGULAR SESSION
Introduced
House Bill 2162
By Delegate Keaton
[Introduced January 11, 2023; Referred to the Committee on Banking and Insurance then the Judiciary]
A BILL to amend and reenact §33-20B-9 of the Code of West Virginia, 1931, as amended, relating to requiring insurers of physicians who perform abortions to establish a separate insurance pool.
Be it enacted by the Legislature of West Virginia:
## ARTICLE 20B. RATES AND MALPRACTICE INSURANCE POLICIES.
The commissioner may, as he or she deems considers necessary after notice and hearing, promulgate rules and regulations in accordance with §29A-3-1 et seq. of this code to define the commissioner’s authority to consider the operating results of an insurer's affiliates and subsidiaries in the rate making and solvency determination of that insurer: Provided, That prior to July 1, 2023, the commissioner shall promulgate rules in accordance with §29A-3-1 et seq. of this code that provide that insurers of physicians who perform abortions shall establish a separate insurance pool: Provided, however, That malpractice insurance premiums may not be lower under this separate pool than they would otherwise be to insure the physician.
NOTE: The purpose of this bill is to require insurers of physicians who perform abortions to establish a separate insurance pool.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.