No surplus lines licensee may knowingly place any coverage in an insolvent insurer.
W. Va. Code § 33-12C-26
Coverage must be placed in solvent insurer
Known as the The Nonadmitted Insurance Act
The act spans §§ 33-12C-1 to 33-12C-9 (30 sections).
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.