Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 20 - REGULATION GOVERNING CONTINUING EDUCATION
Section 20-2 - Definitions

(a) "Certificate of completion" means a document signed by the instructor (or other designated person) of a certified course which signifies satisfactory completion of the course and reflects hours of credit earned.

(b) "Certified course" means an educational presentation offered in a class, seminar, independent study, or similar form of instruction involving insurance fundamentals, insurance-related law, insurance policies, claims and coverages, insurance needs and product changes, insurance risk management, etc., which is approved by the commissioner pursuant to Section 9 of this Regulation.

(c) "Classroom" means an organized setting where a group of persons are physically located and instructed.

(d) "Contact hours" means the number of hours of instruction or participation in the classroom, webinar, or self-study program.

(e) "Ethics" means instruction in the customs among members of the insurance profession involving their moral and professional duties toward one another, toward clients, toward insureds, and toward insurers. It may include, but is not limited to, fiduciary responsibility, commingling funds, paying and accepting commissions, unfair claims practices, professionalism, policy replacement consideration, handling or supervising the affairs or funds of another and conflicts of interest.

(f) "Good cause" means reasons for not timely complying with the requirements of this regulation including disability, death of an immediate family member, natural disaster or other extenuating circumstances.

(g) "Licensee" means persons who are required to be licensed under the Wyoming insurance code including resident insurance producers, title agents, adjusters, and designated Wyoming home state non-resident adjusters.

(h) "Carry-over credit hour" means a credit hour earned during the one hundred twenty (120) days before the licensing continuation date in excess of the twenty-four (24) hours of continuing education required per two (2) year licensing period, which may be applied to the next continuing education period. Any carry-over credit hours may not count as ethics hours.

(i) "Disinterested third party" means someone who is not:

(j) "Self-study program" means a course that involves book study, video study, computer based training, or other means of training and education where a qualified instructor is not present. Self-study programs must include an examination, which is to be monitored by a disinterested third-party.

(k) "Webinar" means any course offered by live video conference or webcast if the technology allows for communication between and among the participants and their instructor and the participant's attendance and participation are monitored. Participation shall be verified by the instructor, who shall ask no fewer than three (3) polling questions every hour.