Title 26 — Title 26 — Insurance Code
56 chapters · 1,242 sections in this title.
W.S. § 26-33-101 (a) Definitions
0.9K chars
(a) Definitions. As used in this chapter: (i) "Account" means the medical liability compensation account; (ii) "Board" means the board of directors of the medical liability compensation account; (iii) "Health care" means any act or treatment performed or furnished, or which shoul…
W.S. § 26-33-102 Qualification
0.4K chars
Qualification. (a) To be qualified under this chapter, a physician shall annually purchase health care professional liability insurance coverage of not less than fifty thousand dollars ($50,000.00) per occurrence for any act, error or omission relating to medical care rendered du…
W.S. § 26-33-103 Insurance coverage
0.6K chars
Insurance coverage. A qualified physician shall be insured in a minimum amount of fifty thousand dollars ($50,000.00) against a claim for malpractice. Any award or settlement adjudicated or allowed on a malpractice claim in excess of fifty thousand dollars ($50,000.00) or limits …
W.S. § 26-33-104 Advance payments
0.5K chars
Advance payments. Any advance payment a defendant physician or his insurer makes to or for the plaintiff, or any other person, is not an admission of liability for injuries or damages the plaintiff or anyone else suffers as to a claim for malpractice. Evidence of an advance payme…
W.S. § 26-33-105 Medical liability compensation account
2.9K chars
Medical liability compensation account. (a) There is created a medical liability compensation account, the monies of which shall be collected by the commissioner for exclusive use for the purposes stated in this chapter. The account and any investment income from it shall be held…
W.S. § 26-33-106 duties
1.2K chars
duties. Board created; membership; removal; terms; (a) There is created a medical liability compensation account board which shall consist of six (6) members. The governor shall appoint four (4) members with the advice and consent of the senate. The state treasurer and the commis…
W.S. § 26-33-107 Settlements
0.6K chars
Settlements. Any settlement of a claim against a physician exceeding fifty thousand dollars ($50,000.00) or limits of other underlying coverage if greater shall be carried out through agreement jointly by the claimant, the insurance carrier and the commissioner. If the claimant s…
W.S. § 26-33-108 Payments from account
0.8K chars
Payments from account. The state auditor, at the direction of the commissioner, shall issue a warrant in satisfaction of each claim submitted to him against the account after receipt of a certified copy of a final judgment from a court having jurisdiction, or a settlement agreeme…
W.S. § 26-33-109 Contents of policies
0.5K chars
Contents of policies. Any policy issued under this chapter is presumed to comply with this chapter. The insurer assumes all obligations to pay an award imposed against its insured under this chapter and no policy termination by cancellation is effective unless at least ninety (90…
W.S. § 26-33-110 Failure to pay claims
0.9K chars
Failure to pay claims. (a) If a professional liability insurer, in the regular course of business, fails to pay its portion of any judgment rendered against any physician or any other person insured under this chapter, the commissioner shall suspend that insurer's certificate of …
W.S. § 26-33-111 Exemption from Wyoming Insurance Guaranty Association Act
0.2K chars
Exemption from Wyoming Insurance Guaranty Association Act. This chapter is exempt from and has no application to the Wyoming Insurance Guaranty Association Act.