2012 Wyoming Statutes
TITLE 26 - INSURANCE CODE
CHAPTER 38 - LONG-TERM CARE INSURANCE
26-38-111. Penalties.


WY Stat § 26-38-111 (through 2012) What's This?

In addition to any other penalties provided by the laws of this state, any insurer or agent who violates any requirement of this state relating to the regulation of long-term care insurance or the marketing of such insurance shall be subject to a civil penalty not to exceed three (3) times the amount of any commissions paid for each policy involved in the violation or ten thousand dollars ($10,000.00), whichever is greater. The penalty shall be assessed by the commissioner in accordance with W.S. 26-1-107.

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