No agent, or excess line broker shall knowingly place any coverage in an insolvent insurer.
W. Va. Code § 33-12-21
Coverage must be placed with a solvent insurer
Applied in 3 court decisions — leading case 832 F. Supp. 1054 - ELCO Mechanical Contractors, Inc. v. Builders Supply Ass'n (1993)
Most recently applied in 292 F. Supp. 2d 857 - Johnson Ex Rel. Estate of Johnson v. ACCEPTANCE INSURANCE COMPANY (September 2003)
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.