Title 26 — Title 26 — Insurance Code
56 chapters · 1,242 sections in this title.
W.S. § 26-9-209 Exemption from examination
1.2K chars
Exemption from examination. (a) An individual who applies for an insurance producer license in this state who was previously licensed for the same lines of authority in another state shall not be required to complete an examination. This exemption is only available if the person …
W.S. § 26-9-210 Temporary licensing
1.8K chars
Temporary licensing. (a) The commissioner may issue a temporary insurance producer license for a period not to exceed one hundred eighty (180) days without requiring an examination if the commissioner deems that the temporary license is necessary for the servicing of an insurance…
W.S. § 26-9-211 License denial, nonrenewal or revocation
4.5K chars
License denial, nonrenewal or revocation. (a) The commissioner may, after appropriate notice and opportunity for hearing pursuant to the Wyoming Administrative Procedure Act and in accordance with W.S. 26-2-125 through 26-2-129, place on probation, suspend, revoke or refuse to is…
W.S. § 26-9-212 Commissions
1.1K chars
Commissions. (a) An insurer or insurance producer shall not pay a commission, service fee, brokerage or other valuable consideration to a person for selling, soliciting or negotiating insurance in this state if that person is required to be licensed under this chapter and is not …
W.S. § 26-9-213 Appointments
1.3K chars
Appointments. (a) An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed. (b) To appoint a produc…
W.S. § 26-9-214 Notification to commissioner of termination
5.0K chars
Notification to commissioner of termination. (a) An insurer or authorized representative of the insurer that terminates the appointment, employment, contract or other insurance business relationship with a producer for any reason shall notify the commissioner within thirty (30) d…
W.S. § 26-9-215 Reciprocity
0.5K chars
Reciprocity. (a) The commissioner shall waive any requirements for a nonresident license applicant with a valid license from his home state, except the requirements imposed by W.S. 26-9-208, if the applicant's home state awards nonresident licenses to residents of this state on t…
W.S. § 26-9-216 Reporting of actions
0.7K chars
Reporting of actions. (a) A licensee shall report to the commissioner any administrative action taken against the licensee in another jurisdiction or by another governmental agency in this state within thirty (30) days of the final disposition of the matter. This report shall inc…
W.S. § 26-9-217 Regulations; limitation
0.2K chars
Regulations; limitation. (a) The commissioner may, in accordance with W.S. 26-2-110 promulgate reasonable regulations as are necessary or proper to carry out the purposes of this chapter. (b) Repealed By Laws 2007, Ch. 43, § 1.
W.S. § 26-9-218 Repealed By Laws 2011, Ch
0.0K chars
Repealed By Laws 2011, Ch. 60, § 3.
W.S. § 26-9-219 Adjuster's license; exception; notification
0.3K chars
Adjuster's license; exception; notification. (a) Application for license as an adjuster shall be made to the commissioner on forms he prescribes and furnishes. The commissioner shall issue the license as to qualified individuals upon payment of the license application fee stated …
W.S. § 26-9-220 Insurance consultants
1.9K chars
Insurance consultants. (a) No person shall be held out to the public as an insurance consultant for hire unless a license as such has been issued in accordance with this section. (b) An application for a license to act as an insurance consultant for hire shall be made to the comm…
W.S. § 26-9-221 Repealed by Laws 2017, ch
0.0K chars
Repealed by Laws 2017, ch. 15, § 3.
W.S. § 26-9-222 Repealed By Laws 2011, Ch
0.0K chars
Repealed By Laws 2011, Ch. 60, § 3.
W.S. § 26-9-223 Repealed by Laws 2004, Ch
0.0K chars
Repealed by Laws 2004, Ch. 7, § 2.
W.S. § 26-9-224 commissions
0.5K chars
commissions. Scope of broker's authority; broker's (a) Any insurance producer acting in the capacity of a broker is not an agent or other representative of an insurer and does not have power by his own acts to obligate the insurer upon any risk or by any insurance transaction. (b…
W.S. § 26-9-225 Broker and agent license combinations
0.3K chars
Broker and agent license combinations. The sole relationship between an insurance producer acting in the capacity of a broker and an insurer as to which he is then appointed as an agent, as to transactions arising during the existence of that agency appointment, is that of insure…
W.S. § 26-9-226 "Controlled business" restrictions
1.6K chars
"Controlled business" restrictions. (a) The commissioner shall not grant, renew, continue or permit to exist any license as an insurance producer if he finds that the license has been or is being used principally for the purpose of writing "controlled business" as follows: (i) In…
W.S. § 26-9-227 Authority under license to transact business; nontransferability
0.4K chars
Authority under license to transact business; nontransferability. Any licensee under this chapter may transact business as authorized by the license throughout the state of Wyoming. No city, county or other political subdivision of this state shall require any other or further pe…
W.S. § 26-9-228 Place of business of licensees; display of licenses; records
1.4K chars
Place of business of licensees; display of licenses; records. (a) Each resident insurance producer shall have and maintain in this state a place of business accessible to the public and in which the licensee principally conducts transactions under his license. The address of the …
W.S. § 26-9-229 Reporting and accounting for premiums
1.4K chars
Reporting and accounting for premiums. (a) Any premiums or return premiums received by an insurance producer are trust funds received in a fiduciary capacity, and the producer, in the regular course of business, shall account for and pay the funds to the insured, insurer or insur…
W.S. § 26-9-230 Service of process on nonresident producers
1.1K chars
Service of process on nonresident producers. (a) Application for and acceptance of a license as a nonresident insurance producer or surplus lines broker constitutes irrevocable appointment of the commissioner as the attorney of the licensee for the acceptance of service of proces…
W.S. § 26-9-231 (d) A business entity licensed as a specialty limited lines producer shall keep a register of each location at which insurance is offered on the licensed business entity's behalf
3.4K chars
(d) A business entity licensed as a specialty limited lines producer shall keep a register of each location at which insurance is offered on the licensed business entity's behalf. (e) A business entity licensed as a specialty limited lines producer for specialty limited lines ins…
W.S. § 26-9-232 Repealed by Laws 2022, ch
0.0K chars
Repealed by Laws 2022, ch. 46, § 3.
W.S. § 26-9-233 Assumed names
0.2K chars
Assumed names. An insurance producer doing business under any name other than the producer's legal name is required to notify the insurance commissioner prior to using the assumed name.
W.S. § 26-9-234 Specialty limited lines producer license
1.1K chars
Specialty limited lines producer license. (a) The commissioner may issue to an applicant a specialty limited lines producer license for the sale, solicitation or delivery of specialty lines insurance where the sale of the product is ancillary to the business of the person offerin…
W.S. § 26-9-235 Licensing examination review panel
2.5K chars
Licensing examination review panel. (a) The commissioner shall review the procedures for administering examinations required by this chapter no less than every three (3) years. The review shall include consideration of employing outside testing services as authorized by W.S. 26-9…