What must a licensee do before transacting insurance business in West Virginia?

Before transacting insurance business in West Virginia, a licensee must be appointed by an insurer. This requirement is essential because it establishes a formal relationship between the licensee and the insurance company they intend to represent, ensuring that the licensee is recognized as a valid agent for that insurer. The appointment also involves oversight by the insurer, providing assurance that the agent will adhere to legal and regulatory standards.

While completing a prelicensing course, passing the state exam, and submitting an application with fees are all critical steps in the licensing process, they do not authorize the licensed individual to conduct insurance transactions independently. The appointment by an insurer is what officially authorizes a licensee to operate in the state, highlighting the importance of a structured relationship between agents and insurers for regulatory compliance and consumer protection.