§ 26-3-313 — Exemptions and effective dates

Wyoming § 26-3-313

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

Text

(a) Upon written application of any insurer, the
commissioner may grant an exemption from compliance with any or
all provisions of this article if the commissioner finds, upon
review of the application, that compliance with this article
would constitute a financial or organizational hardship upon the
insurer. Exemptions may be granted at any time for a specified
period. Within ten (10) days from a denial of an insurer's
written request for an exemption from this article, the insurer
may request in writing a hearing on its application for an
exemption. The hearing shall be held in accordance with the
rules and regulations of the department pertaining to
administrative hearing procedures.
(b) Repealed by Laws 2009, Ch. 94, § 3.
(c) Repealed by Laws 2009, Ch. 94, § 3.
(d) The requirements of W.S. 26-3-316 are effective
January 1, 2019. If an insurer or group of insurers who are
exempt from the requirements of W.S. 26-3-316 no longer qualify
for the exemption, the insurer or group of insurers shall have
one (1) year after the year the threshold is exceeded in which
to comply with the requirements of this article.