Friday, November 22, 2024
Friday, November 22, 2024

Banking and Insurance Reviews Legislation

The Senate Committee for Banking and Insurance review four Senate Bills, 3:30 p.m. Monday, Feb. 4.  

Following their agenda, the committee discussed four bills, three of which are committee substitutes, and unanimously motioned to send the legislation to the full body with the recommendation that they each pass. All three of the committee substitutes are double referenced to the Senate Judiciary Committee also.  

  • Senate Bill  47 would exempt nonpaid volunteers at ski areas from receiving workers’ compensation benefits 

  • Senate Bill 340 would repeal obsolete provisions of the WV Medical Professional Liability Insurance Joint Underwriting Association. 

  • Senate Bill 407 relates to the abandonment and indication of ownership in property held by financial institution.  

  • Senate Bill 453 relates to background checks of certain financial institutions.

 

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