The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts the member insurer pays to the association less any amounts the association returns to the member insurer. Rates containing an amount reasonably calculated to recoup assessments the member insurer pays are not excessive.
Wyo. Stat. Ann. § 26-31-115
Rates and premiums to be sufficient to recoup assessments paid to association
Known as the Wyoming Insurance Guaranty Association Act
The act spans §§ 26-31-101 to 26-31-117 (17 sections).
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.