West Virginia Commissioner of Insurance | |
General information | |
Office Type: | Nonpartisan |
Office website: | Official Link |
Compensation: | $92,500 |
2022 FY Budget: | $326,742,026 |
Term limits: | None |
Structure | |
Length of term: | Serves at the pleasure of the governor |
Authority: | West Virginia Code, Chapter 33, Article 3, Section 1 |
Selection Method: | Appointed by Governor |
Current Officeholder | |
West Virginia Commissioner of Insurance
Allan McVey | |
Other West Virginia Executive Offices | |
Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Education• Agriculture Commissioner • Insurance Commissioner• Natural Resources Commissioner • Secretary of Commerce • Commissioner of Labor • Public Service Commission |
The West Virginia Commissioner of Insurance is an appointed state executive position in the West Virginia state government. The commissioner regulates the state's insurance market.
The current West Virginia Commissioner of Insurance is Allan McVey (nonpartisan). McVey assumed office in 2021.
The West Virginia Insurance Commission and the authority of the commissioner is established in Chapter 33, Article 2 of the West Virginia Code:[1]
Chapter 33, Article 3, Section 1:
There is hereby continued in effect the state agency heretofore created and known as the "insurance commissioner of West Virginia" which agency shall consist of an insurance commissioner and such employees as may be authorized by law... |
Chapter 33, Article 2 establishes the qualifications for the office of insurance commissioner:[1]
... The commissioner shall be a citizen and resident of this state and shall be appointed by the governor, by and with the advice and consent of the Senate. Before taking the oath of office the commissioner shall sever all connections either direct or indirect with any and all insurers subject to his supervision and with any person representing any such insurer, except as a policyholder or claimant. |
The commissioner of insurance is an appointed position in West Virginia. The governor nominates a candidate to the state Senate, and the state Senate confirms the nominee. The commissioner serves at the will and pleasure of the governor for the term for which the governor was elected and remains in office until their successor has been appointed and qualified. The commissioner's initial appointment is for a period of six years.[1]
Vacancies in the office of insurance commissioner are filled by gubernatorial appointment with the consent of the state Senate. In the event of a vacancy before the six-year term has expired, the appointee will serve for the remainder of the unexpired term.[1]
The commissioner's statutory duties are:[1]
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As of January 29, 2021, divisions within the commissioner's office included:[3]
The budget for the West Virginia Insurance Commissioner in Fiscal Year 2022 was $326,742,026.[4]
Chapter 6, Article 7-2 of the West Virginia Code lays out the exact compensation for certain state officers. According to this section of the state code, the salary of the insurance commissioner, beginning in 2006 and for each calendar year thereafter, shall be $95,000.[5]
In 2021, the commissioner received a salary of $92,500, according to the Council of State Governments.[6]
In 2020, the insurance commissioner received a salary of $92,500 according to the Council of State Governments.[7]
In 2019, the insurance commissioner received a salary of $92,500 according to the Council of State Governments.[8]
In 2018, the insurance commissioner received a salary of $92,500 according to the Council of State Governments.[9]
In 2017, the insurance commissioner received a salary of $92,500 according to the Council of State Governments.[10]
In 2016, the insurance commissioner received a salary of $92,500 according to the Council of State Governments.[11]
In 2015, the insurance commissioner received a salary of $92,500 according to the Council of State Governments.[12]
In 2014, the commissioner was paid an estimated $92,500 according to the Council of State Governments.[13]
In 2013, the commissioner was paid an estimated $92,500.[14]
In 2012, the commissioner was paid an estimated $92,500 according to the Council of State Governments.
In 2010, the commissioner was paid an estimated $92,500 according to the Council of State Governments.[15]
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the West Virginia Commissioner of Insurance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Mailing address:
P.O. Box 50540
Charleston, WV 25305-0540
Phone: (304) 558-3386
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