This bill amends the Code of West Virginia to establish a minimum insurance requirement for county boards of education. Specifically, it mandates that these boards maintain liability insurance coverage of no less than $1 million for each occurrence, along with excess coverage of at least $5 million for each occurrence. The bill also stipulates that any insurance purchased must be obtained from a company licensed to operate in the state. Additionally, it clarifies that the State Board of Risk and Insurance Management is authorized to provide such insurance and outlines the responsibilities regarding the payment of costs associated with this insurance.

Furthermore, the bill modifies existing provisions regarding liability insurance for county boards of education and their employees. It removes the previous requirement for insurance coverage amounts specified in another section of the code and replaces it with the new minimum coverage amounts. The bill also ensures that the insurance policy includes comprehensive coverage, personal injury coverage, and legal liability coverage, among other protections. Overall, the legislation aims to enhance the liability protection for county boards of education while ensuring they have adequate insurance coverage in place.

Statutes affected:
Introduced Version: 18-5-19d, 29-12-5a