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Statutory Financial Examination of Municipal Mutual Insurance Company

Overview


Financial, Legal, HR & Staffing
Charleston, West Virginia, United StatesPosted: October 19, 2026Deadline: November 19, 2026

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SUMMARY


The West Virginia Offices of the Insurance Commissioner is seeking a qualified firm to conduct a statutory financial examination of the Municipal Mutual Insurance Company for the period of January 1, 2022, through December 31, 2026.

KEY REQUIREMENTS


BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION


8 months

TIMELINE


Vendor Question Deadline: October 29th, 2026

Addendum Issued: November 5th, 2026

Bid Opening Date: November 19th, 2026

Expected Exam Start Date: September 1st, 2027

Expected Exam End Date: April 30th, 2028

QUESTION DEADLINE


October 29, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


West Virginia Offices of the Insurance Commissioner

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DESCRIPTION


The West Virginia Offices of the Insurance Commissioner is soliciting bids to perform a statutory financial examination of the Municipal Mutual Insurance Company (MMIC) in compliance with W. Va. Code §33-2-9 and NAIC Financial Condition Examiners Handbook procedures. The project involves drafting a formal report of examination containing findings, conclusions, and recommendations for corrective or regulatory action. The examination period covers January 1, 2022, through December 31, 2026. The contract term is from September 1, 2027, through April 30, 2028.

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Frequently asked questions


When is the submission deadline?
Submissions are due November 19, 2026. Questions must be submitted by October 29, 2026.
What is the budget for this RFP?
Settle estimates the budget at $50,000 – $150,000. The issuer has not published an official figure.
Who issued this RFP?
It was issued by West Virginia Offices of the Insurance Commissioner. The work is located in Charleston, West Virginia, United States.

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