044-71 Wyo. Code R. §§ 71-10 - Enforcement
(a) This Chapter shall not be construed to
limit the enforcement authority of the Commissioner otherwise provided in the
Wyoming Insurance Code.
(b) The
Commissioner may, in his or her discretion, examine the business and financial
affairs of a MEWA doing business in this State utilizing the powers granted
under the Wyoming Insurance Code. The reasonable and proper expense of
examination of the MEWA shall be borne by the MEWA.
(c) The MEWA must report any administrative
actions against the MEWA taken by another jurisdiction or by another
governmental entity to the Department within thirty (30) days of the final
disposition of the matter.
(d) The
Commissioner may decline to issue or renew a license issued pursuant to W.S.
§
26-19-115(e) and this
Chapter if the Commissioner finds that a MEWA does not satisfy any standard or
requirement of this Chapter or any provision of other applicable State or
federal law or regulation.
(e) The
Commissioner may place on probation, suspend, revoke, or refuse to issue or
renew a license issued by the Department, or may levy a civil penalty in
accordance with W.S.§ 26 -1-107 or any combination of actions for a
violation of any applicable Department rule or any provision of applicable
State and federal law.
(f) When the
Commissioner believes that a MEWA or any other person is operating in this
State without being duly licensed or has violated the law, an administrative
rule of the Department, or an Order of the Commissioner, the Commissioner may
issue an order to cease and desist such violation or take any other action set
forth in law or rule.
Notes
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