§ 26-3-102 — When certificate not required

Wyoming § 26-3-102

• Jurisdiction: Wyoming
• Title 26: Insurance Code
• Ch. 3: AUTHORIZATION OF INSURERS AND

Text

(a) A certificate of authority is not required of an
insurer for:
(i) Investigation, settlement or litigation of claims
under its policies lawfully written in this state, or
liquidation of its assets and liabilities, other than collection
of new premiums, all resulting from its authorized operations in
this state;
(ii) Transactions thereunder subsequent to issuance
of a policy covering only subjects of insurance not resident,
located or expressly to be performed in this state at time of
issuance and lawfully solicited, written and delivered outside
this state;
(iii) Transactions pursuant to coverages lawfully
written under chapter 11 of this code;
(iv) Reinsurance, except as to domestic reinsurers.
(b) An insurer not transacting new insurance business in
Wyoming but continuing collection of premiums on and servicing
policies remaining in force as to residents of or risks located
in Wyoming is transacting insurance in Wyoming for the purpose
of premium tax requirements only and is not required to have a
certificate of authority. This subsection does not apply to
insurers which withdrew from Wyoming prior to May 21, 1955.