Wyo. Stat. § 26-31-103 (2026)

    (a)   As used in this chapter:

          (i) "Association" means the Wyoming Insurance
Guaranty Association created under W.S. 26-31-104;

          (ii) "Covered claim" means an unpaid claim which
arises out of and is within the coverage and does not exceed the
applicable limits of an insurance policy to which this chapter
applies issued by an insurer, if the insurer is an insolvent
insurer and the claimant or insured is a resident of this state
at the time of the insured event or the property from which the
claim arises is permanently located in this state, but "covered
claim" does not include:

               (A) Any amount due any reinsurer, insurer,
insurance pool or underwriting association as subrogation
recoveries or otherwise;

              (B)    Repealed by Laws 1990, ch. 96, § 3.

               (C) Any amount exceeding the applicable limits
of liability provided by an insurance policy to which this
chapter applies;

               (D) Supplementary payment obligations, including
but not limited to adjustment fees and expenses, attorney fees
and expenses, court costs, interest and bond premiums;

               (E) Any amount awarded as punitive or exemplary
damages, unless those damages are specifically named as covered
risks in the policy under which coverage is provided; or

               (F)   Any amount claimed for incurred but not
reported damages.

          (iii)   "Insolvent insurer" means an insurer:

               (A) Licensed to transact insurance in this state
either at the time the policy is issued or when the insured
event occurs;

               (B) Against which a final order of liquidation,
with a finding of insolvency, is entered by a court of competent
jurisdiction in the insurer's state of domicile and;
               (C) With respect to which no order, decree or
finding relating to the insurer's solvency, has been issued by a
court of competent jurisdiction or by the insurance
commissioner, prior to February 27, 1971.

          (iv)   "Member insurer" means any person who:

               (A) Writes any kind of insurance to which this
chapter applies, including the exchange of reciprocal or
interinsurance contracts; and

                 (B)   Is licensed to transact insurance in this
state.

          (v) "Net direct written premiums" means direct gross
premiums written in this state on insurance policies to which
this chapter applies, less return premiums thereon and dividends
paid or credited to policyholders on that direct business but
does not include premiums on contracts between insurers or
reinsurers;

          (vi) "Person" means any individual, corporation,
partnership, association or voluntary organization.