West Virginia Offices of the Insurance Commissioner 2009 Annual ...

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Licensing Activity NEW LICENSES ISSUED 2008__ 2009 Resident Agent 1,305 1153 Non-Resident Agent 12,689 11,580 Surplus Lines 180 172 Adjuster 1,957 2,568 Viatical Settlement Broker 0 2 Business Entities (Agencies) 653 674 TOTAL 16,784 16,149 Renewed Producer Licenses Issued 53,489 55,675 Companies' Appointments of Agent 73,090 79,292 Cancellation of Agents' Appointments 52,661 56,219 Licensing Examination Summary Type of Exam 2008 2009 # Tested # Passed # Tested # Passed LIFE 1334 618 1423 661 ACCIDENT & SICKNESS 1022 670 1030 662 PROPERTY-CASUALTY 569 342 597 344 ADJUSTER 663 421 1244 849 SURPLUS LINES 1 1 1 1 24
Workers’ Compensation Board of Review At the time the Board of Review was created on February 1, 2004, appeals from the Workers’ Compensation Office of Judges were filed at a rate of 591 per month with the Board deciding 300 cases per month. By the end of 2004, the Board saw no increase in case filings; however, dispositions increased to 406 per month. New case filings dropped slightly in 2005 to 577 per month, with dispositions increasing to 507 per month. Inroads were made on the backlog in 2006, when the average number of filings decreased to 487 per month, and dispositions increased to 595 per month for an annual total of 7,140 orders. In 2007, there was a monthly average of 405 new case filings, with 471 dispositions per month. In 2008, the new case filings have averaged 248, with 321 dispositions per month. In 2009, we received 157 new appeals per month with average dispositions of 174. In 2010, we essentially maintained the status quo with 120 new appeals filed per month and we averaged 109 dispositions per month. Thus, the Board has achieved its goal of operating without a backlog and deciding cases as they mature on our docket. In analyzing the monthly new case filings versus dispositions, it is important to recognize that to perfect an appeal takes approximately 5 months before it can be heard and reviewed by the Board. This allows for expiration of the time periods set forth in the Rules of Practice and Procedure, prior to further action being taken by the Board. 102 CSR 1, et seq. A quick resolution of cases continues to be one our most important goals. The Board works in coordination with the Office of Judges and the West Virginia Supreme Court of Appeals to assure a smooth transition through the workers’ compensation claims process. Enclosed are graphs which illuminate the Board of Review’s monthly average of new case filings and case dispositions for 2008, 2009 and 2010. These charts illustrate the elimination of any backlog cases for each of these years. By timely completing the appeal process, we trust we have fulfilled our obligation to the citizens of West Virginia. 25
Page 1 and 2: West Virginia Offices of the Insura
Page 3 and 4: Executive Summary This report to th
Page 5 and 6: TABLE OF CONTENTS SECTION 1 GENERAL
Page 7 and 8: Admitted Assets, Liabilities, Commo
Page 9 and 10: Organizational Chart Virgil Helton,
Page 11 and 12: FEES AND TAXES COLLECTED DURING THE
Page 13 and 14: WEST VIRGINIA OFFICES OF THE INSURA
Page 15 and 16: APPROPRIATED APPROPRIATED EXPENDITU
Page 17 and 18: SECTION 2 DIVISIONAL REPORTS 17
Page 19 and 20: An applicant must be a resident of
Page 21 and 22: Major Activities in 2009 The Plan
Page 23: Agents Licensing and Education Divi
Page 28 and 29: The focused settlement initiative h
Page 30 and 31: October 2008 November 2008 December
Page 32 and 33: Offices of the Insurance Commission
Page 34 and 35: January 2009 February 2009 March 20
Page 36 and 37: Representing Consumers in First and
Page 38 and 39: FIRST PARTY COMPLAINTS HANDLED BY T
Page 40 and 41: CERTIFICATE OF NEED - March 2009 FA
Page 42 and 43: Hospital Rate Review The Office of
Page 44 and 45: Consumer Service Division The Consu
Page 46 and 47: CONSUMER SERVICE COMPLAINTS CALENDA
Page 48 and 49: CONSUMER SERVICE COMPLAINTS CALENDA
Page 50 and 51: Employer Coverage Unit The Employer
Page 52 and 53: Financial Accounting Unit The Finan
Page 54 and 55: Financial Conditions Division The p
Page 56 and 57: FINANCIAL CONDITIONS DIVISION West
Page 58 and 59: FINANCIAL CONDITIONS DIVISION West
Page 60 and 61: WEST VIRGINIA ESSENTIAL PROPERTY IN
Page 62 and 63: 2009 Summary of West Virginia Opera
Page 64 and 65: American Retirement Life Insurance
Page 66 and 67: ADP Totalsource, Inc. d/b/a ADP Tot
Page 68 and 69: FINANCIAL CONDITIONS DIVISION Merit
Page 70 and 71: FINANCIAL CONDITIONS DIVISION Compa
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FINANCIAL CONDITIONS DIVISION Compa
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FINANCIAL CONDITIONS DIVISION Compa
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FINANCIAL CONDITIONS DIVISION Risk
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National Health Club Purchasing Gro
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FINANCIAL CONDITIONS DIVISION Name
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ADA Risk Purchasing Group, Inc. (Am
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FINANCIAL CONDITIONS DIVISION Liqui
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Office of Inspector General—Fraud
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The following chart depicts statist
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James R. Hiroskey Jr., age 25 of Lo
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Ramona Mack, age 40 of Winfield, pl
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Jennifer Jo & Matthew Nichols, ages
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Senate Bill 284 - Relating to Viati
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Senate Bill 537 - Relating to Worke
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Senate Bill 537 -continued §33-2-2
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House Bill 3047 - Clarifying that t
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114 CSR 42 - Continuing Education f
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09-EO-03 - Emergency Order entered
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DISCIPLINARY ACTIONS Individual Ins
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Market Conduct Unit Four (4) “Agr
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Employer Violator System (EVS) The
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MANAGED HEALTH CARE PLANS: The West
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A Client Reporting process was deve
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Non-Workers’ Compensation Matters
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Rates and Forms Division The Rates
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2009 Filings by Product Commercial
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Approved Rate Change History of Top
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Private Passenger Auto Market Share
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2009 West Virginia Market Share Rep
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Total for Top 10 Insurers 76.87% $4
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Admitted Assets, Liabilities, Net W
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Admitted Assets, Liabilities, Commo
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Domestic Property Insurers Common P
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Admitted Assets, Liabilities, Capit
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Admitted Assets, Liabilities, Capit
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West Virginia Offices of the Insurance Commissioner 2009 Annual ...

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