Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 33 - UNFAIR TRADE PRACTICES REGULATION
Section 33-5 - Department Inquiries

Universal Citation: WY Code of Rules 33-5

Current through September 21, 2024

(a) All persons shall respond to Department inquiries, including, but not limited to, document and information requests during market conduct and financial examinations, investigations of complaints, and any other formal or informal investigation or examination conducted for the purpose of determining compliance with Wyoming law shall be as follows:

(i) Unless another time period is specified by statute, regulation or by the Department either electronically or in another written form, a complete and accurate response to any inquiry from the Division shall be provided within twenty (20) calendar days from the date of the inquiry.

(ii) "Complete and accurate response" means a written response that includes all of the information, documents and explanation requested in the Department's inquiry. If the requested information is not available the response shall include a detailed explanation of why it cannot be provided.

(iii) If additional time is required to respond to any Department inquiry, the person shall submit a written request for an extension of time to the commissioner. The request for an extension of time shall:
(A) Be made no later than 5:00 PM Mountain Time on the business day prior to the response due date;

(B) Include a specific period of time for the extension; and

(C) State in detail the reasons necessitating the extension.

(iv) An extension may be granted, at the discretion of the commissioner, for good cause shown. When a request for an extension is granted, the person shall provide a complete and accurate response within the new time period granted. If an extension is not granted, or the person requesting the extension does not receive written confirmation from the commissioner that the extension is granted, the original response due date applies.

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