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NAMIC 2006 Survey of New State Insurance Laws Summary and Analysis

2006 SUMMARY OF NEW STATE LAWS - WYOMING

Wyoming State Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

HB 9

1

Workers' compensation - benefits, claims or treatments

Provides for a premium discount for employers complying with a drug and alcohol testing program; provides for a specified discount. Effective: July 1, 2006.

HB 10

2

Workers' compensation - contractor requirements

Amends bonding and coverage requirements for employees of nonresident employers; provides penalty for delinquent employer reports; amends minimum penalty on delinquent premiums; repeals requirement that covered employment be principally localized in state. Effective: July 1, 2006.

HB 37

13

Workers' compensation - fund management

Authorizes investment of the workers compensation fund in common stocks; provides for consultation with a qualified independent investment manager to direct the state treasurer to invest a specified percentage of the total amount in common stocks. Effective: July 1, 2006.

HB 81

20

Tort reform - medical malpractice

Extends deadline to March 30, 2007 for physicians to apply through the Department of Health for medical malpractice premium assistance. Effective: April 1, 2006.

SF 27

54

Motor Vehicle insurance - commercial auto

Requires the Department of Transportation to establish an accessible common carrier based motor vehicle insurance verification system; requires motor vehicle insures to provide policy information for the verification system; prohibits inspection of records; provides exceptions. Effective:

SF 29

25

Motor vehicle insurance - teen drivers

Directs the department of education, in consultation with the department of transportation, to adopt standards and procedures for the certification of drivers' education courses; provides that only certified drivers' education programs may issue certificates of completion to enable 16½-year olds to obtain unrestricted drivers licenses. Effective: July 1, 2006.

SF 38

82

Motor vehicle insurance - ignition interlock devices

Creates a new category of restricted driver's license called "ignition interlock restricted license"; makes the new license available to some drivers who have served at least 45 days of an alcohol-related suspension or revocation. Effective: July 1, 2006.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.