This bill amends the Code of West Virginia to modify the mandatory liability insurance coverage requirements for county boards of education and public charter schools. Specifically, it reduces the minimum insurance coverage amount from $1,250,000 to $1 million for each occurrence. Additionally, the bill removes the requirement for county boards of education to purchase excess coverage of at least $5 million for each occurrence, which was previously mandated.

The bill also stipulates that the State Board of Risk and Insurance Management will continue to provide liability insurance for county boards of education, their employees, and public charter schools that choose to obtain coverage. It requires that written notice of the insurance coverage, including details about the coverage limits and the duty to defend, be provided to insured individuals at least annually. Furthermore, the provisions of this bill extend to public charter schools, ensuring that they are subject to the same insurance requirements as county boards of education.

Statutes affected:
Introduced Version: 29-12-5a