Publication Date
2022-11-07
effective date
2022-11-07
jurisdiction
Wyoming Updates TPA Regulations
Wyoming updates the TPA requirements for initial licensing and renewals that are effective immediately. Expand for a summary of the requirements and to view the original document.
**Application Requirements:** - Verification of registration with the Wyoming Secretary of State - Audited financial statement reports for the most recent 2 years - Complete required forms and checklists - A bond of the greater amount: $100,000 or 10% of aggregate amount of funds **Renewals** - Renewed on or before June 30th every 2 years - Verification of registration - Audited financial statement reports for the most recent 2 years - Complete required forms and checklists - A bond of the greater amount: $100,000 or 10% of aggregate amount of funds
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.