This text of Wyoming § 26-4-101 (An adjuster may qualify for a license in one (1) or
more of the following lines of insurance:
(i) Property insurance, as defined in W.S. 26-5-104;
(ii) Casualty insurance, as defined in W.S. 26-5-106;
(iii) Crop insurance, as defined in W.S) 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.
26-9-202(a)(xxi).
(b)To be licensed as an adjuster the applicant shall:
(ii)Be a resident of Wyoming or of another state
which permits residents of Wyoming to act as adjusters in that
state;
(iii)Be a full-time salaried employee of a licensed
adjuster or a graduate of a recognized law school, or have had
experience or special education or training in the handling of
loss claims under insurance contracts of sufficient duration and
extent to make him competent to fulfill the responsibilities of
an adjuster;
(iv)Be trustworthy and of good reputation;
(v)Have and maintain an office accessible to the
public and keep therein the usual and customary records in
paper, electronic or other appropriate format, pertaining to
transactions under the license;
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26-9-202(a)(xxi).
(b) To be licensed as an adjuster the applicant shall:
(i) Be an adult;
(ii) Be a resident of Wyoming or of another state
which permits residents of Wyoming to act as adjusters in that
state;
(iii) Be a full-time salaried employee of a licensed
adjuster or a graduate of a recognized law school, or have had
experience or special education or training in the handling of
loss claims under insurance contracts of sufficient duration and
extent to make him competent to fulfill the responsibilities of
an adjuster;
(iv) Be trustworthy and of good reputation;
(v) Have and maintain an office accessible to the
public and keep therein the usual and customary records in
paper, electronic or other appropriate format, pertaining to
transactions under the license;
(vi) Within one (1) year prior to submitting the
application for the license, have taken and passed a written
examination in a form prescribed by the commissioner. The
commissioner may waive written examination of a nonresident
applicant if the applicant is licensed as an adjuster in his
home state, is in good standing in his home state and his home
state grants this state's resident adjusters a similar
privilege; and
(vii) If being licensed as a resident, have provided
the commissioner fingerprints and other information and
permission necessary for a criminal history record background
check as provided in W.S. 7-19-201(a). The cost of the criminal
history record background check shall be paid by the applicant.
(c) A Wyoming adjuster's license is required of any
adjuster who by physical appearance or through electronic or
other means, acts in this state on behalf of an insurer for the
purpose of either investigating and negotiating settlements
relative to insurance claims or applying the factual
circumstances of an insurance claim to the insurance policy
provisions, or both, arising under property and casualty
insurance contracts, unless the loss is of an unusual, uncommon
or unique nature requiring special expertise or knowledge not
readily available among adjusters licensed in this state, or for
the adjustment of a series of losses resulting from a
catastrophe common to those losses. Any insurer on whose behalf
an adjuster who is not licensed in Wyoming either investigates
and negotiates settlements relative to insurance claims or
applies the factual circumstances of an insurance claim to the
insurance policy provisions, or both, arising under property and
casualty insurance contracts, whether by physical appearance or
through electronic or other means, shall notify the commissioner
of such action prior to the unlicensed adjuster acting in this
state.
(d) If the state in which the adjuster maintains his
principal place of residency or principal place of business does
not license adjusters for the line of authority being applied
for, the adjuster shall designate his home state, which may be
any state in which the adjuster is licensed and in good standing
and which state meets licensure requirements similar to the
requirements of the state of Wyoming as determined by the
commissioner.
(e) For purposes of this section, "home state" means the
District of Columbia and any state or territory of the United
States in which an adjuster maintains his principal place of
residence or business and is licensed to act as a resident
adjuster.
(f) This section shall not apply to an individual who:
(i) Collects claim information from, or furnishes
claim information to, insureds or claimants for portable
electronic device insurance claims;
(ii) Conducts portable electronic device insurance
claim data entry, including entering data into an automated
claims adjudication system; and
(iii) Is supervised by a licensed adjuster, or
licensed agent who is exempt from licensure as an adjuster
pursuant to W.S. 26-1-102(a)(i). The agent or adjuster shall
not supervise more than twenty-five (25) persons who are
exempted under this subsection.
(g) For purposes of subsection (f) of this section:
(i) "Automated claims adjudication system" means a
preprogrammed computer system which is designed for the
collection, data entry, calculation and initial resolution of
portable electronic device insurance claims;
(ii) "Portable electronic device insurance claim"
means a claim filed by an insured or claimant to receive
benefits under a portable electronic device insurance contract
for an electronic device and its accessories that are portable
in nature and which must be easily carried or conveyed by hand.