Wyoming Statutes

Wyo. Stat. § 26-14-101 (2026)

Purpose of chapter; liberal interpretation.

✓ current as of May 2026

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The purpose of this chapter is to protect the public and
policyholders against the effects of excessive, inadequate or
unfairly discriminatory rates by promoting price competition
among insurers. The provisions in this chapter are intended to
prohibit unlawful price fixing agreements by or among insurers
and to authorize essential cooperative activities among insurers
in the rate making process and to regulate these activities to
prohibit practices that tend to substantially lessen competition
or create monopolies. This chapter shall be liberally
interpreted to carry into effect the provisions of this section.

Notes of Decisions

Cited in 1 case, 1981–1981 · leading case: Mortg. Guar. Ins. Corp. v. Langdon, 634 P.2d 509 (Wyo. 1981).

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Mortg. Guar. Ins. Corp. v. Langdon, 634 P.2d 509 (Wyo. 1981). · cites it 2× “The first section of Chapter 14, § 26-14-101, W.S. 1977, declares the purpose of the chapter to be "to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory * * *.”

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