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2015 Wyoming Code
TITLE 26 - INSURANCE CODE
CHAPTER 39 - CLOSED BLOCKS OF BUSINESS
SECTION 26-39-103. - Spreading of risk.

WY Stat § 26-39-103. (2015) What's This?

26-39-103. Spreading of risk.

If any insurer closes a block of business in this state, the insurer shall spread the claims experience of the closed block of business to, for like insureds without regard to individual health problems, other blocks of business still being marketed and sold by that insurer in this state when determining what premiums are to be charged for the contracts included in the closed block of business.

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