Wyoming § 26-23-326 Premium rate schedules

Wyoming Statutes

§ 26-23-326 — Premium rate schedules

Wyoming § 26-23-326

Title 26Insurance Code

Ch. 23CASUALTY INSURANCE, SURETY INSURANCE AND TITLE

This text of Wyoming § 26-23-326 (Premium rate schedules) 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. § 26-23-326 (2026).

Text

(a)A title insurer shall file with the commissioner the premium rate schedules it proposes to use in this state. If the commissioner finds in his review of a filing that it does not violate W.S. 26-23-325, he shall approve the schedule within thirty (30) days of filing. Prior to such approval, the commissioner may conduct public hearings with respect to the filing. Filings that the commissioner fails to approve or disapprove within thirty (30) days of filing are approved. Upon notice to the title insurer, the period for review of rate filing may be extended for an additional thirty (30) days. If within the waiting period or extension thereof the commissioner finds that the filing does violate W.S. 26-23-325, he shall give written notice of disapproval of the filing to the insurer or ratin

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(a) A title insurer shall file with the commissioner the
premium rate schedules it proposes to use in this state. If the
commissioner finds in his review of a filing that it does not
violate W.S. 26-23-325, he shall approve the schedule within
thirty (30) days of filing. Prior to such approval, the
commissioner may conduct public hearings with respect to the
filing. Filings that the commissioner fails to approve or
disapprove within thirty (30) days of filing are approved. Upon
notice to the title insurer, the period for review of rate
filing may be extended for an additional thirty (30) days. If
within the waiting period or extension thereof the commissioner
finds that the filing does violate W.S. 26-23-325, he shall give
written notice of disapproval of the filing to the insurer or
rating organization which made the filing, specifying therein in
what specific respects he finds the filing violates W.S.
26-23-325 and stating that the filing shall not become
effective.
(b) If at any time after the approval of filing, the
commissioner believes that the filing does not meet the
requirements of this section or is otherwise contrary to law, or
if any party having an interest in the filing makes a written
complaint to the commissioner setting forth specific and
reasonable grounds for the complaint, or if any insurer, upon
notice of disapproval by the commissioner of a filing pursuant
to this section, requests, the commissioner shall hold a hearing
within thirty (30) days and shall give written notice of the
hearing to all parties in interest. The commissioner may
confirm, modify, change or rescind any previous action, if
warranted by the facts shown at the hearing.
(c) No title insurer or title agent shall use or collect
any premium after May 27, 1983, except in accordance with the
premium rate schedule filed with and approved by the
commissioner as required by this section. The commissioner may
provide by regulation for interim use of premium rate schedules
in effect prior to May 27, 1983.