Wyoming § 26-11-111 Liability of insurer as to losses and unearned
premiums; applicability of section to insurers

Wyoming Statutes

§ 26-11-111 — Liability of insurer as to losses and unearned premiums; applicability of section to insurers

Wyoming § 26-11-111

Title 26Insurance Code

Ch. 11NONADMITTED INSURANCE

This text of Wyoming § 26-11-111 (Liability of insurer as to losses and unearned premiums; applicability of section to insurers) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-11-111 (2026).

Text

(a)As to a surplus line risk which is assumed by a nonadmitted insurer pursuant to this chapter, and if the premium thereon is received by the surplus line broker who placed the insurance, in all questions thereafter arising under the coverage as between the insurer and the insured the insurer is deemed to have received the premium due to it for that coverage. The insurer is liable to the insured for losses covered by the insurance and for unearned premiums which are payable to the insured upon cancellation of the insurance, whether or not the broker is indebted to the insurer with respect to the insurance or for any other cause.

(b)Each nonadmitted insurer assuming a surplus line risk under this chapter subjects itself to the terms of this section.

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(a) As to a surplus line risk which is assumed by a
nonadmitted insurer pursuant to this chapter, and if the premium
thereon is received by the surplus line broker who placed the
insurance, in all questions thereafter arising under the
coverage as between the insurer and the insured the insurer is
deemed to have received the premium due to it for that coverage.
The insurer is liable to the insured for losses covered by the
insurance and for unearned premiums which are payable to the
insured upon cancellation of the insurance, whether or not the
broker is indebted to the insurer with respect to the insurance
or for any other cause.
(b) Each nonadmitted insurer assuming a surplus line risk
under this chapter subjects itself to the terms of this section.