§ 26-11-124 — Independently procured insurance; duty to report and pay tax

(a) Each insured whose home state is this state and who
independently procures, continues or renews insurance with a
nonadmitted insurer, other than insurance procured through a
surplus lines broker, shall, within forty-five (45) days after
the date the insurance was so procured, continued or renewed,
file a report with the commissioner, in the form and manner
prescribed by the commissioner, showing the name and address of
the insured or insureds, name and address of the insurer, the
subject of insurance, a general description of the coverage, the
amount of premium currently charged and additional pertinent
information requested by the commissioner.
(b) The insured is subject to the same tax and
clearinghouse service fee payment requirements as apply to a
surplus lines broker in W.S. 26-11-118.
(c) This section does not abrogate or modify, and shall
not be construed or deemed to abrogate or modify any other
provision of this chapter.
(d) This section does not authorize independent
procurement of accident and health or sickness or disability
insurance.