Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 16 - REGULATION GOVERNING INSURANCE COMPANY APPOINTMENTS OF PRODUCERS
Section 16-2 - Definitions

Universal Citation: WY Code of Rules 16-2

Current through September 21, 2024

(a) "Appointment" means a notification filed with the insurance department that an insurer has established an agency relationship with a producer.

(b) "Appointment continuation" means continuation of a company's existing appointment based on payment of the required fee without submission of an appointment form.

(c) For purposes of this regulation, "producer" means insurance producer as defined by W.S. § 26-1-102(xxxv), and includes title agents as defined in W.S. § 26-23-303(a)(xix).

(d) "Termination for cause" means an insurer has ended its agency relationship with a producer for one of the reasons set forth in W.S. § 26-9-211(a) or that the producer has been found by a court, governmental body or self-regulatory organization authorized by law to have engaged in any of the activities set forth in W.S. § 26-9-211(a).

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