Wyoming § 26-35-106 Transfers of policies resulting from mergers,
acquisitions or restructuring or resulting in broader coverage;
notice not required

Wyoming Statutes

§ 26-35-106 — Transfers of policies resulting from mergers, acquisitions or restructuring or resulting in broader coverage; notice not required

Wyoming·Title 26 Insurance Code·Ch. 35 CANCELLATION, RENEWAL AND NONRENEWAL OF POLICIES

(a)Subject to the provisions of W.S. 26-35-204, a nonrenewal or cancellation notice shall not be required if a policy is transferred from an insurer to an affiliated insurer under common management and control:

(i)As a result of a merger, acquisition or company restructuring; or

(ii)If the transfer results in the same or broader coverage.

(b)Nothing in this section shall be construed as limiting the right of an insured to cancel a policy. ARTICLE 2 PROPERTY AND CASUALTY INSURANCE POLICIES

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(a) Subject to the provisions of W.S. 26-35-204, a
nonrenewal or cancellation notice shall not be required if a
policy is transferred from an insurer to an affiliated insurer
under common management and control:
(i) As a result of a merger, acquisition or company
restructuring; or
(ii) If the transfer results in the same or broader
coverage.
(b) Nothing in this section shall be construed as limiting
the right of an insured to cancel a policy.
ARTICLE 2
PROPERTY AND CASUALTY INSURANCE POLICIES

Wyoming § 26-35-106 (Transfers of policies resulting from mergers, acquisitions or restructuring or resulting in broader coverage; notice not required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.