Wyo. Stat. § 26-14-106. Rate regulation: Rates and Rating Organizations – Wyoming

Status: Enacted
Year Enacted: 1983
Year Amended: 2005
File: Download

Rates in a noncompetitive market, when regulated, shall be regulated in accordance with W.S. 26-14-105 through 26-14-108 applicable to noncompetitive markets. The commissioner may regulate rates in an unregulated market if he determines that the unregulated market is a noncompetitive market and regulation will likely reduce rates for consumers in a total amount greater than the cost of regulation without substantially curtailing the availability of insurance in that market.

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