reglab/housing_qa huggingface dataset:
WY Stat § 26-43-304 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 43 - Health Care|Article 3 - Air Ambulance Membership Organizations|Section 26-43-304 - Air Ambulance Membership Organizations; Powers and Duties of the Commissioner; Rulemaking; Costs.

26-43-304. Air ambulance membership organizations; powers and duties of the commissioner; rulemaking; costs.| (a) The commissioner is authorized to:  (i) Examine or investigate the affairs of an air ambulance membership organization to ensure compliance with the provisions of this article;  (ii) Order any air ambulance membership organization or applicant to produce materials pertaining to air ambulance membership affairs, including any records, books, files, advertising and solicitation materials and any other information necessary to ensure compliance with this article;  (iii) Take statements under oath to determine whether the air ambulance membership organization or an applicant is in violation of the provisions of this article.  (b) An air ambulance membership organization found to have violated any provision of this article after an examination or investigation under this section shall pay all costs and fees associated with the examination or investigation.  (c) The commissioner shall promulgate any rules necessary to carry out the provisions of this article.
WY Stat § 26-43-306 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 43 - Health Care|Article 3 - Air Ambulance Membership Organizations|Section 26-43-306 - Violations; Unfair Trade Practices; Penalties.

26-43-306. Violations; unfair trade practices; penalties.| In addition to any penalties and other enforcement of this article, any person who willfully violates any provision of this article may be subject to a civil penalty not to exceed one thousand dollars ($1,000.00) for each willful violation.
WY Stat § 26-43-307 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 43 - Health Care|Article 3 - Air Ambulance Membership Organizations|Section 26-43-307 - Reporting Requirements; Notice to Commissioner; Penalties.

26-43-307. Reporting requirements; notice to commissioner; penalties.| (a) Not less than ninety (90) days before expiration of a certificate of registration, an air ambulance membership organization seeking renewal of its certificate of registration shall submit an annual report to the commissioner in a form prescribed by the commissioner. The report shall include:  (i) An updated list of the names and addresses of all air ambulance providers or air ambulance service providers responsible for the conduct of the air ambulance membership organization's affairs along with disclosure of the extent and nature of any contracts or arrangements with those persons, including any possible conflicts of interest;  (ii) The number of members in Wyoming who are enrolled in any membership offered by the air ambulance membership organization;  (iii) A list of any membership agreements currently active or entered into with a governmental entity in Wyoming that provides membership of the air ambulance membership organization to all residents of that governmental entity. As used in this paragraph, "governmental entity" means the governing body of a county or municipality in Wyoming;  (iv) Any other information related to the air ambulance membership organization as required by the commissioner to ensure compliance with the provisions of this article.  (b) An air ambulance membership organization seeking renewal that fails to file an annual report in the form or before the deadline specified in subsection (a) of this section shall be ineligible for renewal until any deficiency is remedied.  (c) Upon notice by the commissioner, an air ambulance membership organization failing to comply with subsection (a) of this section shall lose its authority to enroll new members or to do business in Wyoming if the violation continues beyond a time specified by the commissioner.  (d) An air ambulance membership organization shall provide the commissioner notice of any change in the organization's name, address, telephone number, address for the principal place of business, mailing address or internet website address not less than thirty (30) days before making the change.
WY Stat § 26-48-102 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-102 - Risk-Based Capital Reports.

26-48-102. Risk-based capital reports.| (a) Every domestic insurer shall, annually on or prior to March 1, prepare and submit to the commissioner a report of its RBC levels as of the end of the calendar year just ended, in a form and containing information as required by the RBC instructions. In addition, every domestic insurer shall file its RBC report:  (i) With the NAIC in accordance with the RBC instructions; and  (ii) With the insurance commissioner in any state in which the insurer is authorized to do business, if the insurance commissioner has notified the insurer of its request in writing, in which case the insurer shall file its RBC report not later than the later of:  (A) Fifteen (15) days from the receipt of notice to file its RBC report with that state; or  (B) The filing date specified in subsection (a) of this section.  (b) A life or disability insurer's RBC shall be determined in accordance with the formula set forth in the RBC instructions and this article. The formula shall take into account, and may adjust for the covariance between the following which are determined in each case by applying the factors in the manner set forth in the RBC instructions:  (i) The risk with respect to the insurer's assets;  (ii) The risk of adverse insurance experience with respect to the insurer's liabilities and obligations;  (iii) The interest rate risk with respect to the insurer's business; and  (iv) All other business risks and other relevant risks as set forth in the RBC instructions.  (c) A property and casualty insurer's RBC shall be determined in accordance with the formula set forth in the RBC instructions and this article. The formula shall take into account, and may adjust for the covariance between the following which are determined in each case by applying the factors in the manner set forth in the RBC instructions:  (i) Asset risk;  (ii) Credit risk;  (iii) Underwriting risk; and  (iv) All other business risks and such other relevant risks as are set forth in the RBC instructions.  (d) If a domestic insurer files an RBC report which in the judgment of the commissioner is inaccurate, the commissioner shall adjust the RBC report to correct the inaccuracy and shall notify the insurer of the adjustment. The notice shall contain a statement of the reason for the adjustment. A RBC report as so adjusted is referred to as an "adjusted RBC report."
WY Stat § 26-48-105 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-105 - Authorized Control Level Event.

26-48-105. Authorized control level event.| (a) "Authorized control level event" means any of the following events:  (i) The filing of an RBC report by the insurer which indicates that the insurer's total adjusted capital is greater than or equal to its mandatory control level RBC but less than its authorized control level RBC;  (ii) The notification by the commissioner to the insurer of an adjusted RBC report that indicates the event in paragraph (i) of this subsection, provided the insurer does not challenge the adjusted RBC report under W.S. 26-48-107;  (iii) If the insurer challenges an adjusted RBC report that indicates the event in paragraph (i) of this subsection, under W.S. 26-48-107, notification by the commissioner to the insurer that the commissioner has, after a hearing, rejected the insurer's challenge;  (iv) The failure of the insurer to respond, in a manner satisfactory to the commissioner, to a corrective order, provided the insurer has not challenged the corrective order under W.S. 26-48-107; or  (v) If the insurer has challenged a corrective order under W.S. 26-48-107 and the commissioner has, after a hearing, rejected the challenge or modified the corrective order, the failure of the insurer to respond, in a manner satisfactory to the commissioner, to the corrective order subsequent to the rejection or modification by the commissioner.  (b) In the event of an authorized control level event with respect to an insurer, the commissioner shall:  (i) Take actions required under W.S. 26-48-104 regarding an insurer with respect to which a regulatory action level event has occurred; or  (ii) If the commissioner deems it to be in the best interests of the policyholders and creditors of the insurer and of the public, take actions necessary to cause the insurer to be placed under regulatory control under chapter 28 of this code. In the event the commissioner determines to take such action, the authorized control level event shall be deemed sufficient grounds for the commissioner to proceed under chapter 28, and the commissioner shall have the rights, powers and duties with respect to the insurer as are set forth in that chapter.
WY Stat § 26-48-106 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-106 - Mandatory Control Level Event.

26-48-106. Mandatory control level event.| (a) "Mandatory control level event" means any of the following events:  (i) The filing of an RBC report which indicates that the insurer's total adjusted capital is less than its mandatory control level RBC;  (ii) Notification by the commissioner to the insurer of an adjusted RBC report that indicates the event in paragraph (i) of this subsection, provided the insurer does not challenge the adjusted RBC report under W.S. 26-48-107; or  (iii) If the insurer challenges an adjusted RBC report that indicates the event in paragraph (i) of this subsection under W.S. 26-48-107, notification by the commissioner to the insurer that the commissioner has, after a hearing, rejected the insurer's challenge.  (b) In the event of a mandatory control level event:  (i) With respect to a life or disability insurer, the commissioner shall take actions necessary to cause the insurer to be placed under regulatory control under chapter 28 of this code. In that event, the mandatory control level event shall be deemed sufficient grounds for the commissioner to take action under chapter 28, and the commissioner shall have the rights, powers and duties with respect to the insurer as are set forth in that chapter. The commissioner may forego action under this subsection for up to ninety (90) days after the mandatory control level event if he finds there is a reasonable expectation that the mandatory control level event may be eliminated within the ninety (90) day period;  (ii) With respect to a property and casualty insurer, the commissioner shall take actions necessary to cause the insurer to be placed under regulatory control under chapter 28 of this code, or, in the case of an insurer which is writing no business and which is running-off its existing business, may allow the insurer to continue its run-off under the supervision of the commissioner. In either event, the mandatory control level event shall be deemed sufficient grounds for the commissioner to take action under chapter 28 and the commissioner shall have the rights, powers and duties with respect to the insurer as are set forth in that chapter. The commissioner may forego action under this subsection for up to ninety (90) days after the mandatory control level event if he finds there is a reasonable expectation that the mandatory control level event may be eliminated within the ninety (90) day period.
WY Stat § 26-48-107 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-107 - Hearings.

26-48-107. Hearings.| (a) An insurer shall have the right to a departmental hearing, on a record, at which the insurer may challenge any of the following determinations or actions by the commissioner:  (i) Notification to an insurer by the commissioner of an adjusted RBC report;  (ii) Notification to an insurer by the commissioner that:  (A) The insurer's RBC plan or revised RBC plan is unsatisfactory; and  (B) The notification constitutes a regulatory action level event with respect to the insurer.  (iii) Notification to any insurer by the commissioner that the insurer has failed to adhere to its RBC plan or revised RBC plan and that the failure has a substantial adverse effect on the ability of the insurer to eliminate the company action level event with respect to the insurer in accordance with its RBC plan or revised RBC plan; or  (iv) Notification to an insurer by the commissioner of a corrective order with respect to the insurer.  (b) An insurer seeking a hearing under this section shall notify the commissioner of its request for a hearing within five (5) days after the notification by the commissioner under subsection (a) of this section. Upon receipt of the insurer's request for a hearing, the commissioner shall set a date for the hearing, which shall be no less than ten (10) nor more than thirty (30) days after the date of the insurer's request.
WY Stat § 26-48-108 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-108 - Confidentiality and Prohibition on Announcements.

26-48-108. Confidentiality and prohibition on announcements.| (a) To the extent the information therein is not required to be set forth in a publicly available annual statement schedule, all RBC reports and RBC plans, including the results or report of any examination or analysis of an insurer performed pursuant to this article, and any corrective order issued by the commissioner pursuant to examination or analysis, with respect to any domestic insurer or foreign insurer which are filed with the commissioner constitute information that might be damaging to the insurer if made available to its competitors, and shall be kept confidential by the commissioner. This information shall not be made public, other than by the commissioner and then only for the purpose of enforcement actions taken by the commissioner pursuant to this article or any other provision of the insurance laws of this state. W.S. 16-4-201 through 16-4-205 shall not apply to the documents or information described in this section.  (b) Except as otherwise required under the provisions of this article, making, publishing, disseminating, circulating or placing before the public, an advertisement, announcement or statement containing a representation or statement with regard to the RBC levels of any insurer, or of any component derived in the calculation, by any insurer, agent, broker or other person engaged in any manner in the insurance business is prohibited. If any materially false statement with respect to the comparison regarding an insurer's total adjusted capital to its RBC levels, or any of them, or an inappropriate comparison of any other amount to the insurers' RBC levels is published in any written publication and the insurer is able to demonstrate to the commissioner with substantial proof of the falsity or inappropriateness of the statement, the insurer may publish an announcement in a written publication for the sole purpose of rebutting the statement.
WY Stat § 26-48-109 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-109 - Supplemental Provisions; Rulemaking Authority; Exceptions; Limitations.

26-48-109. Supplemental provisions; rulemaking authority; exceptions; limitations.| (a) The provisions of this article are supplemental to any other provisions of the laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including, but not limited to, chapter 28 of this code, W.S. 26-3-115 and 26-3-116.  (b) The commissioner may adopt reasonable rules and regulations necessary for the implementation of this article.  (c) The commissioner may exempt from the application of this chapter any domestic property and casualty insurer which:  (i) Writes direct business only in Wyoming;  (ii) Writes direct annual premiums of two million dollars ($2,000,000.00) or less; and  (iii) Assumes no reinsurance in excess of five percent (5%) of direct premium written.  (d) The RBC instructions, RBC reports, adjusted RBC reports, RBC plans and revised RBC plans may be used solely by the commissioner in monitoring the solvency of insurers and determining the need for possible corrective action with respect to insurers and shall not be used by the commissioner for rate making nor considered or introduced as evidence in any rate proceeding nor used by the commissioner to calculate or derive any elements of an appropriate premium level or rate of return for any line of insurance which an insurer or any affiliate is authorized to write.
WY Stat § 26-48-110 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-110 - Foreign Insurers.

26-48-110. Foreign Insurers.| (a) Any foreign insurer not subject to a substantially similar RBC law in its domicile, shall submit to the commissioner an RBC report on or before March 15, for the preceding calendar year. Any other foreign insurer shall, upon the written request of the commissioner, submit to the commissioner an RBC report as of the end of the calendar year just ended by the later of:  (i) The date an RBC report would be required to be filed by a domestic insurer under this article; or  (ii) Fifteen (15) days after the request is received by the foreign insurer.  (b) Any foreign insurer shall, at the written request of the commissioner, within fifteen (15) business days submit to the commissioner a copy of any RBC plan that is filed with the insurance commissioner of any other state.  (c) Pursuant to regulations adopted by the commissioner, in the event of a company action level event, regulatory action level event or authorized control level event, the commissioner may require the foreign insurer to file an RBC plan with the commissioner. In such event, the failure of the foreign insurer to file an RBC plan with the commissioner shall be grounds to order the insurer to cease and desist from writing new insurance business in this state.  (d) In the event of a mandatory control level event with respect to any foreign insurer, if no domiciliary receiver has been appointed with respect to the foreign insurer under the rehabilitation and liquidation statute applicable in the state of domicile of the foreign insurer, the commissioner may make application for the appointment of a receiver to the district court of Laramie county as permitted under chapter 28 of this code. The occurrence of the mandatory control level event shall be considered adequate grounds for the application.
WY Stat § 26-48-111 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-111 - Notices.

26-48-111. Notices.| All notices by the commissioner to an insurer which may result in regulatory action under this article shall be effective upon mailing if transmitted by registered or certified mail, or in the case of any other transmission shall be effective upon the insurer's receipt of the notice.
WY Stat § 26-48-112 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 48 - Risk-Based Capital|Article 1 - Risk Based Capital for Insurers|Section 26-48-112 - Phase-in Provision.

26-48-112. Phase-in provision.| (a) For RBC reports required to be filed by life or disability insurers with respect to 1994, the following requirements shall apply in lieu of the provisions of W.S. 26-48-103 through 26-48-106:  (i) In the event of a company action level event with respect to a domestic insurer, the commissioner shall take no regulatory action under this chapter;  (ii) In the event of a regulatory action level event under W.S. 26-48-104(a)(i) through (iii) the commissioner shall take the actions required under W.S. 26-48-103;  (iii) In the event of a regulatory action level event under W.S. 26-48-104(a)(iv) through (ix) or an authorized control level event, the commissioner shall take the actions required under W.S. 26-48-104 with respect to the insurer;  (iv) In the event of a mandatory control level event, the commissioner shall take the actions required under W.S. 26-48-105 with respect to the insurer.  (b) For RBC reports required to be filed by property and casualty insurers with respect to 1995, the following requirements shall apply in lieu of the provisions of W.S. 26-48-103 through 26-48-106:  (i) In the event of a company action level event with respect to a domestic insurer, the commissioner shall take no regulatory action under this chapter;  (ii) In the event of a regulatory action level event under W.S. 26-48-104(a)(i) through (iii) the commissioner shall take the actions required under W.S. 26-48-103;  (iii) In the event of a regulatory action level event under W.S. 26-48-104(a)(iv) through (ix) or an authorized control level event, the commissioner shall take the actions required under W.S. 26-48-104 with respect to the insurer;  (iv) In the event of a mandatory control level event with respect to an insurer, the commissioner shall take the actions required under W.S. 26-48-105 with respect to the insurer.  (c) W.S. 26-48-110(a) shall not be effective for any foreign insurer until July 1, 1996, unless the commissioner requests in writing that the foreign insurer submit an RBC report.