Fees and Taxes

Wyo. Stat. Ann. tit. 26, ch. 4
in effect

Wyo. Stat. Ann. § 26-4-101 Fee schedule.

(a) The commissioner shall collect in advance or contemporaneously fees, licenses and miscellaneous charges as specified in this subsection. Collection may include the acceptance of electronic funds transfer. All fees and other charges collected by the commissioner as specified in this subsection shall be nonrefundable: (i) Certificate of authority: (A) For filing application for insurer's initial certificate of authority, excluding multiple employer welfare arrangements, including all documents submitted as a part of the application, examination of application and issuance of certificate of authority, if issued $750.00 (B) Annual continuation, excluding multiple employer welfare arrangements, including filing of annual statement $500.00 (C) Reinstatement (W.S. 26-3-114(c)) $ 50.00 (D) Certified copy $15.00 (E) Registration of additional title (W.S. 26-3-120) $ 25.00 Annual renewal $ 25.00 (ii) Charter documents (other than those filed with application for certificate of authority). Filing amendments to articles of incorporation, charter, bylaws, power of attorney (as to reciprocal insurers) and other constituent documents of the insurer, each document ........ .....$ 10.00 (iii) Annual statement. For filing annual statement other than included with (a)(i)(A) or (B) of this subsection $ 25.00 (iv) Service of process, acceptance $ 10.00 (v) Insurance producers or title agents: (A) Property, casualty, personal lines or title: (I) Application for original resident license and issuance of license, if issued $100.00 (II) Appointment, each producer or agent, each insurer $15.00 (III) Annual continuation of appointment, each insurer $15.00 (IV) Temporary license, application fee, and issuance, if issued $ 10.00 (V) License under waiver of residency requirement pursuant to a reciprocal agreement, application fee and issuance $150.00 (VI) Continuation of license: Resident $100.00 Nonresident $150.00 (VII) Statement of termination of appointment, each insurer $15.00 (B) Life, accident and health or sickness or disability, variable life and variable annuities or credit: (I) Application for original resident license and issuance of license, if issued $100.00 (II) Appointment, each producer oragent, each insurer $15.00 (III) Annual continuation of appointment, each insurer $15.00 (IV) Temporary license, application fee, and issuance, if issued $ 10.00 (V) License under waiver of residency requirement pursuant to a reciprocal agreement, application fee and issuance $150.00 (VI) Continuation of license: Resident $100.00 Nonresident $150.00 (VII) Statement of termination of appointment, each insurer $15.00 (vi) Repealed By Laws 2004, Chapter 7, § 2. (vii) Repealed by Laws 2001, Ch. 201, § 5. (viii) Surplus line brokers: Application for original resident license, and issuance of license, if issued $100.00 License under waiver of residency requirement pursuant to a reciprocal agreement, application fee and issuance $150.00 Continuation of license: Resident $100.00 Nonresident $150.00 (ix) Adjusters: Application for original resident license, and issuance of license, if issued $100.00 License under waiver of residency requirement pursuant to a reciprocal agreement, application fee and issuance $150.00 Continuation of license: Resident $100.00 Nonresident $150.00 (x) Repealed By Laws 2004, Chapter 7, § 2. (xi) Repealed By Laws 2011, Ch. 60, § 3. (xii) Insurance consultant for hire: Application for original resident license, and issuance, if issued $100.00 License under waiver of residency requirement pursuant to a reciprocal agreement, application fee and issuance $150.00 Continuation of license: Resident $100.00 Nonresident $150.00 (xiii) Repealed by Laws 1993, ch. 97, § 2. (xiv) Limited lines producers: Application for original individual license and issuance of license, if issued $20.00 Continuation of individual license $20.00 Application for original business entity license and issuance of license, if issued $100.00 Continuation of business entity license $100.00 (xv) Rating organization license or triennial renewal thereof, including all kinds of insurance as to which licensed $150.00 (xvi) Certification of any document and affixing seal of office thereto $ 15.00 (xvii) Copies of documents on file in the department, a reasonable uniform charge per page as fixed by the commissioner; (xviii) Pharmacy benefit manager (annually) ....................................................$500.00 (xix) Third party administrator (biennial) .................................................. $ 200.00 (xx) Multiple employer welfare arrangement, annual license or renewal $500.00. (xxi) Continuing education: Application for approval of continuing education provider $100.00 Continuation of continuing education provider approval $100.00 Application for course approval $50.00 Continuation of course approval $50.00 (b) Repealed by Laws 1993, ch. 97, § 2.

Wyo. Stat. Ann. § 26-4-102 Record of receipts; payment to treasurer; credit to fund.

(a) The commissioner shall keep a complete and accurate record of all monies he receives and disburses. All tax returns and records are open to examination at any time by the director of the state department of audit or his representative. (b) The commissioner shall promptly deposit all monies he receives from any charges to the general fund, with receipt and acknowledgement submitted to the state treasurer, except that: (i) Repealed by Laws 2017, ch. 9, § 3. (ii) The gross premium tax levied upon fire insurance premiums shall be deposited by the state treasurer as provided in this paragraph. For purposes of this paragraph, the gross premium tax levied upon fire insurance premiums is equal to thirty percent (30%) of the total gross premium tax levied upon all property, casualty and multiple line insurers. The gross premium tax levied upon fire insurance premiums shall be deposited as follows: (A) Up to one hundred percent (100%) of the gross premium tax, less any amount deposited under subparagraph (B) of this paragraph, shall be deposited by the state treasurer in the volunteer firefighter, EMT and search and rescue pension account pursuant to W.S. 35-9-628; (B) Forty percent (40%) of the gross premium tax shall be deposited by the state treasurer in the Fire A legislative reserve account created by W.S. 15-5-202(e), provided that no deposit shall be made under this subparagraph on and after the date that the firemen plan A as defined in W.S. 15-5-211(a)(i) has no remaining members receiving benefits. (iii) Any premium assessments collected under W.S. 26-4-103(n), which shall be transferred to the air ambulance coverage account not more than thirty (30) days after receipt.

Wyo. Stat. Ann. § 26-4-103 Premium taxes; generally; preemption by state.

(a) Each authorized and formerly authorized insurer shall file with the commissioner on or before March 1 each year or within any extended period the commissioner grants not to exceed thirty (30) days, a report in a form the commissioner prescribes showing, except for wet marine and transportation insurance as defined in W.S. 26-5-107 and except as provided under subsection (k) of this section, total direct premium income including policy, membership and other fees, and all other considerations for insurance and annuity contracts, however designated, it received during the immediately preceding calendar year because of policies and contracts covering property, subjects or risks located, resident or to be performed in this state. The report shall also identify separately the premiums charged on life insurance policies with annualized premiums exceeding one hundred thousand dollars ($100,000.00) for the immediately preceding calendar year. The total direct premium income reported shall include proper proportionate allocation of premiums or consideration as to those persons, property, subjects or risks in this state insured or covered under policies or contracts covering persons, property, subjects or risks located or resident in more than one (1) state, and shall be computed after deducting: (i) The amount of return premiums on cancelled policies, but not including the return of cash surrender values on life policies or annuity contracts; and (ii) The amount returned to policyholders as current dividends. (iii) Repealed by Laws 1986, ch. 22, §§ 1, 4. (b) At the same time the report is filed, each insurer shall pay for the privilege of transacting business in this state, a tax upon net premiums and net considerations to be computed at the following rates: (i) As to each insurer, the tax rate, except as to annuity considerations, shall be as follows: (A) Repealed by Laws 2020, ch. 136, § 2. (B) Repealed by Laws 2020, ch. 136, § 2. (C) Repealed by Laws 2020, ch. 136, § 2. (D) Except as provided in subparagraph (E) of this paragraph, for premium income received, seventy-five hundredths percent (.75%); (E) For premium income received, seventy-five hundredths percent (.75%) on the first one hundred thousand dollars ($100,000.00) of a life insurance policy's annual premium and seventy-five thousandths of one percent (.075%) on that portion of a life insurance policy's annual premium exceeding one hundred thousand dollars ($100,000.00). (ii) Repealed by Laws 1986, ch. 22, §§ 2, 4. (iii) As to annuity considerations, the tax rate is one percent (1%). (c) As to wet marine and transportation insurance, on or before March 1 of each year each authorized and formerly authorized insurer shall file its report with the commissioner, on forms he prescribes and furnishes or accepts, of its gross underwriting profit on that insurance written in Wyoming during the immediately preceding calendar year, and, at the same time, shall pay a tax of three-fourths percent (3/4%) of the gross underwriting profit. (d) The gross underwriting profit shall be ascertained by deducting from the net premiums (i.e. gross premiums less all return premiums and premiums for reinsurance) on the wet marine and transportation insurance contracts the net losses paid (i.e. gross losses paid less salvage and recoveries on reinsurance ceded) during the calendar year under the contracts. In the case of insurers issuing participating contracts, for tax computation under this subsection, gross underwriting profit does not include the amounts refunded or paid as participating dividends by those insurers to the holders of those contracts. (e) Repealed by Laws 1986, ch. 22, § 3. (f) Payment of the tax required by this section is instead of all taxes imposed by the state upon premiums or upon income and of franchise, privilege or other taxes measured by the insurer's income. (g) The state preempts the field of regulating, or of imposing any taxes, licenses and fees upon insurers and their general agents, agents and other representatives and on the intangible property of insurers or their representatives. All political subdivisions or agencies in the state are prohibited from regulating insurers or their general agents, agents and other representatives and from imposing or levying upon them any tax, license or fee. This provision does not prohibit the imposition by political subdivisions of taxes upon real and tangible personal property of insurers, general agents, agents and representatives. (h) The provisions of subsections (f) and (g) of this section shall not be modified or repealed by any law of general application enacted after December 31, 1967 unless expressly referred to or expressly repealed therein. (j) No tax is due or payable because of premiums or considerations received from policies or contracts issued in connection with a pension annuity or profit-sharing plan exempt or qualified under sections 401, 403, 404, 408, 457 or 501 of the United States Internal Revenue Code of 1954, as amended or renumbered. (k) Notwithstanding subsection (a) of this section, any authorized insurer selling insurance shall beginning January 1, 1991 and in accordance with this subsection, pay premium taxes quarterly based upon an estimate of taxes payable on total direct premium income including policy, membership and other fees: (i) Each estimated quarterly tax payment shall be payable on or before the last day of the month immediately following the end of the calendar quarter for which payment is due, except payment for the calendar quarter ending December 31 of each year shall be payable on or before March 1 of the immediately succeeding calendar year and shall include any adjustments for the calendar year for which the final quarterly payment is made. Except for the calendar quarter ending December 31, the quarterly payment shall not be less than twenty-five percent (25%) of the total premium tax paid during the preceding calendar year; (ii) Any adjustment to estimated quarterly payments for any calendar year and any claim by an insurer for a refund shall be made at the time of filing the annual report required under subsection (a) of this section. Following notice to the insurer by the commissioner, adjustment under this paragraph may be added to or deducted from subsequent quarterly payments under this subsection; (iii) The commissioner shall suspend or revoke the certificate of authority for any insurer failing to pay premium taxes pursuant to this subsection. (m) The amount of tax credits for which an insurer qualifies under W.S. 9-12-1301 through 9-12-1312 shall be allowed as a credit against premium tax owed by the insurer under subsections (a) through (k) of this section. (n) At the same time a report under subsection (a) of this section is filed, an insurer making private health benefit plans available in this state, and any plan which has entered into agreement under W.S. 42-4-123(j), shall pay to the commissioner a three-quarter percent (.75%) assessment upon net premiums and net considerations. The commissioner shall, not more than thirty (30) days after receipt, transfer premium assessments paid under this subsection to the air ambulance coverage account. Application of this subsection shall be contingent on operation of the air ambulance transport services program under W.S. 42-4-123(b).

Wyo. Stat. Ann. § 26-4-105 Premium taxes; commissioner to collect tax; failure to pay.

(a) The taxes imposed under W.S. 26-4-103 shall be collected by the commissioner. (b) If the insurer does not pay the tax on or before March 31 of the year in which due, the tax is delinquent, and the commissioner may enforce payment thereof by the seizure, distraint and sale of any of the insurer's property within Wyoming or by any other lawful means. If the tax is delinquent, the commissioner shall suspend or revoke the insurer's certificate of authority.
Source: WY Statutes (Official Site)URL: https://wyoleg.gov/statutes/compress/title26.pdfFetched: 10/4/2026

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