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 Information for Producers regarding the Health Insurance Marketplace

 

 The Affordable Care Act: A Summary on Healthcare Reform

                                                                   

PUBLIC NOTICE: The Wyoming Health Insurance Pool Board of Directors will hold a meeting of the board at 1:00 p.m. on Monday, November 25th at the State of Wyoming Department of Insurance, 106 East 6th Ave, Cheyenne, WY 82002.

 

                                        Who We Are and What We Do

The Wyoming Insurance Department is responsible for regulating the business of insurance in the state of Wyoming. The department licenses and regulates insurance companies, risk retention and purchasing groups, motor clubs, preneed funeral homes, agents, brokers, adjusters, and consultants; approves policy filings, investigates consumer complaints; monitors financial condition and solvency of insurance companies and collects premium and surplus lines taxes.

  • Licensing - The department is responsible for licensing insurance companies for operations within the state of Wyoming as well as resident and nonresident insurance producer licensees.
  • Examination - The department is responsible for financial solvency examinations of domestic insurance companies and field examinations of resident insurance agencies.
  • Consumer Complaints - The department provides optimum consumer protection and support to Wyoming residents by investigating consumer complaints and resolving issues on insurance matters.
  • Policy Filings - The department reviews policy form filings for compliance and conformance with state laws and regulations.
  • Premium Tax Collection - The department collects premium tax from all insurance entities operating within the state of Wyoming on business written in Wyoming. During the past fiscal year, tax collected and deposited in the general fund amounted to approximately $10 million.



The mission of this agency is to enforce the insurance laws and regulations of the State impartially, honestly, and expeditiously; to serve the consumer of insurance; to encourage a healthy insurance marketplace; and to promote change to better serve the public interest. To this end, the highest ethical, professional, and work quality standards will be exercised in all formal and informal relationships with individuals, agencies, and companies affected by the policies and actions of the department. It is our commitment to be the best insurance regulatory agency in the United States.

Tom Hirsig, Insurance Commissioner


Wyoming Insurance Department
106 E. 6th Avenue
Cheyenne, WY  82001
(307) 777-7401
(800) 438-5768