§ 26-9-202 — Definitions

(a) As used in this chapter:
(i) "Business entity" means a corporation,
association, partnership, limited liability company, limited
liability partnership or other legal entity;
(ii) "Endorsee" means an employee or representative
of a specialty limited lines producer;
(iii) "Home state" means the District of Columbia and
any state or territory of the United States in which an
insurance producer maintains his principal place of residence or
principal place of business and is licensed to act as an
insurance producer;
(iv) "License" means a document issued by the
commissioner authorizing a person to act as an insurance
producer for the lines of authority specified in the document.
The license itself does not create any authority, actual,
apparent or inherent, in the holder to represent or commit an
insurer;
(v) "Limited line credit insurance" includes credit
life, credit disability, credit property, credit unemployment,
involuntary unemployment, mortgage life, mortgage guaranty,
mortgage disability, guaranteed automobile protection insurance,
and any other form of insurance offered in connection with an
extension of credit that is limited to partially or wholly
extinguishing that credit obligation that the commissioner
determines should be designated a form of limited line credit
insurance;
(vi) "Limited line credit insurance producer" means a
person who sells, solicits or negotiates one (1) or more forms
of limited line credit insurance coverage to individuals through
a master, corporate, group or individual policy;
(vii) "Limited lines insurance" means those lines of
insurance referred to in paragraph (xxi) of this subsection and
W.S. 26-9-234, 26-32-101, 26-37-102(a)(iv) or any other line of
insurance the commissioner deems necessary to recognize for the
purposes of complying with W.S. 26-9-208(e);
(viii) "Limited lines producer" means a person
authorized by the commissioner to sell, solicit or negotiate
limited lines insurance;
(ix) "Location" means any physical location in the
state of Wyoming or any website, call center site or similar
location directed to residents of the state of Wyoming;
(x) "Negotiate" means the act of conferring directly
with or offering advice directly to a purchaser or prospective
purchaser of a particular contract of insurance concerning any
of the substantive benefits, terms or conditions of the
contract, provided that the person engaged in that act either
sells insurance or obtains insurance from insurers for
purchasers;
(xi) "Portable electronic device insurance" means
insurance which may be offered on a month to month or other
periodic basis as a group or master property and casualty
insurance policy providing coverage for the repair or
replacement of portable electronic devices which may provide
coverage for portable electronic devices against any one (1) or
more of the following causes of loss: loss, theft, inoperability
due to mechanical failure, malfunction, damage or other similar
causes of loss. For purposes of this title, with respect to
portable electronic device insurance, property and casualty
insurance shall be deemed to include inland marine insurance.
Portable electronic device insurance does not include a service
contract as defined in chapter 49 of this title;
(xii) "Rental car insurance" means insurance offered,
sold or solicited in connection with and incidental to the
rental of rental cars, whether at the rental office or by
preselection of coverage in master, corporate, group or
individual agreements that is nontransferable, applies only to
the rental car that is the subject of the rental agreement and
is limited to the following kinds of insurance and shall not
include the rental car company's agreement to waive its right of
indemnity against a renter for damages to the rental vehicle:
(A) Personal accident insurance for renters and
other rental car occupants, for accidental death or
dismemberment and for medical expenses resulting from an
accident that occurs with the rental car during the rental
period;
(B) Liability insurance, which at the exclusive
option of the rental car company, may include uninsured or
underinsured motorist coverage, whether offered separately or in
combination with other liability insurance, that provides
protection to the renters and to other authorized drivers of a
rental car for liability arising from the operation of the
rental car during the rental period;
(C) Personal effects insurance that provides
coverage to renters and other vehicle occupants for loss of or
damage to, personal effects in the rental car during the rental
period;
(D) Roadside assistance and emergency sickness
protection insurance; or
(E) Any other insurance product sold incidental
to the rental transaction.
(xiii) "Sell" means to exchange a contract of
insurance by any means, for money or its equivalent, on behalf
of an insurer;
(xiv) "Solicit" means attempting to sell insurance or
asking or urging a person to apply for a particular kind of
insurance from a particular insurer;
(xv) "Specialty limited lines insurance" means
insurance offered or disseminated in connection with and
ancillary to a specialty limited lines producer's core business.
The term includes the following types of insurance: rental car
insurance, portable electronic device insurance, travel
insurance and any other line of insurance the commissioner deems
necessary;
(xvi) "Specialty limited lines producer" means a
person or business entity licensed as a limited lines producer
and qualified to offer, sell or solicit specialty limited lines
insurance;
(xvii) "Terminate" means the cancellation of the
relationship between an insurance producer and the insurer or
the termination of a producer's authority to transact insurance;
(xviii) "Travel insurance" means insurance coverage
for personal risks incident to planned travel, including but not
limited to interruption or cancellation of trip or event, loss
of baggage or personal effects, damages to accommodations or
rental vehicles, and sickness, accident, disability or death
occurring during travel, and does not include major medical
plans, which provide comprehensive medical protection for
travelers with trips lasting six (6) months or longer;
(xix) "Uniform application" means the current version
of the National Association of Insurance Commissioners' uniform
application for resident and nonresident producer licensing;
(xx) "Uniform business entity application" means the
current version of the National Association of Insurance
Commissioners' uniform business entity application for resident
and nonresident business entities;
(xxi) "Crop insurance" means insurance providing
protection against damage to crops from unfavorable weather
conditions, fire, lightning, flood, hail, insect infestation,
disease or other yield-reducing conditions or perils provided by
the private insurance market or that is provided by the federal
crop insurance corporation, including multi-peril crop and
protection of revenue from adverse market fluctuation insurance.
(xxii) "Continuing education provider" means any
person approved by the commissioner to offer continuing
education courses to persons licensed in this state;
(xxiii) "Public adjuster" means any person who, for
compensation or any other thing of value, acts on behalf of an
insured by doing any of the following:
(A) Acting for or aiding an insured in
negotiating for or in effecting the settlement of a first party
claim for loss or damage to real or personal property of the
insured;
(B) Advertising for employment as a public
adjuster of first party claims or otherwise soliciting business
or representing to the public that the person is a public
adjuster of first party claims for loss or damage to real or
personal property of an insured;
(C) Directly or indirectly soliciting the
business of investigating or adjusting losses, or of advising an
insured about first party claims for loss or damage to real or
personal property of the insured.
(xxiv) "Licensee" means any person granted a license
under this chapter;
(xxv) "Adjuster" means any individual who 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. An attorney-at-law
who is licensed to practice law in this state or a licensed
agent or broker who adjusts or assists in adjustment of losses
arising under policies issued through that broker or by the
insurer represented by that agent, is not an adjuster for the
purposes of this chapter. An appraiser or umpire is not an
adjuster for the purposes of this chapter;
(xxvi) "Appraiser" means a person selected by the
insurer or the insured to place a value on or estimate the
amount of loss pursuant to an insurance claim. An appraiser does
not negotiate settlements relative to insurance claims or apply
the factual circumstances of an insurance claim to the insurance
policy provisions;
(xxvii) "Umpire" means a person selected by the
appraisers representing the insurer and the insured or, if the
appraisers cannot agree, by the court or hearing officer charged
with resolving issues that the appraisers are unable to agree
upon during the appraisal.