Getting an insurance license in Wyoming

Accident and Health or Sickness or Disability

Wyoming is the only state on this site that puts both names in one line: the statute writes it as "accident and health or sickness or disability". Idaho, Washington and Montana pick Disability and everybody else picks Accident and Health; Wyoming declines to choose. No pre-licensing course is required.

Adjuster

Investigates and settles losses for insurers, on a license carrying property, casualty and crop lines of authority. Wyoming grants a designated home state license it says is accepted in every US state, and it publishes two lists of which other states' designations it will take back.

Casualty

Sells cover against legal liability in Wyoming, including liability for death, injury or disability and for damage to real or personal property. No pre-licensing course is required.

Consultant

Advises on insurance for a fee, paid by the client rather than by an insurer or a producer. It is also the license the public adjuster line rides on, and the Department takes its applications on paper with a check to the State Treasurer.

Credit

Limited line credit insurance in Wyoming. The statute names it as a line of authority in its own right and exempts it from nothing, so the examination reaches it, and the only instruction requirement attached to it falls on the insurer.

Crop

For agents and agencies that deal only in crop insurance. Anybody already holding property and casualty does not need it, and it is the only Wyoming limited line that carries continuing education.

Emergency Adjuster

Nobody may apply for it. Only an insurer admitted in Wyoming may request it, only after the Commissioner has declared a catastrophe, and the insurer files a fresh spreadsheet of every adjuster it has used every single day.

Life

Sells life insurance in Wyoming, which the statute writes as coverage on human lives including endowment and annuity benefits, benefits for death or dismemberment by accident, and disability income. Wyoming asks no pre-licensing course for it.

Managing General Agent

A registration rather than a license, and one form per insurer contracted with. The definition is arithmetic, and falling below the threshold in a year does not end the obligation, it changes which license the entity has to hold.

Personal Lines

Property and casualty insurance sold to individuals and families for primarily noncommercial purposes in Wyoming. It is one line rather than two and no pre-licensing course is required.

Pharmacy Benefit Manager

Administers prescription drug benefits for a health plan. Wyoming's statute is unusual in saying what the licensing rules may NOT ask for: identification of the licensee and the fee, and nothing else.

Portable Electronics

Cover for phones and their accessories sold at the point of sale, licensed as a specialty limited line. No examination, no course and no continuing education: the whole of it is an application, a $20 fee and an insurer's appointment.

Pre-Need Funeral

For funeral home employees selling pre-paid funeral contracts where the money goes to the funeral home. If an insurance company stands behind the contract instead, this is the wrong license and the seller needs the Life line.

Property

Sells cover for direct or consequential loss or damage to property of every kind in Wyoming. No pre-licensing course is required.

Public Adjuster

Acts for the insured rather than the insurer, and Wyoming puts it somewhere no other state does: the public adjuster line of authority sits under the consultant license, and the paper is the Property and Casualty Consultant exam.

Reinsurance Intermediary

One application and one $100 fee covering both roles, the broker who places cessions without power to bind and the manager who binds or manages a reinsurer's assumed business. A nonresident may stand on another state's license where that state's law is substantially similar.

Rental Car

The cover offered across a rental counter, licensed as a specialty limited line. No examination, no course and no continuing education: the whole of it is an application, a $20 fee and an insurer's appointment.

Surplus Lines Broker

Deals directly with non-admitted insurers and reports and remits the surplus lines tax. A producer who merely sends business to a surplus lines brokerage needs nothing, which the Department states in its own words.

Title Agent

Issues title insurance in Wyoming, examined and appointed. Only Wyoming residents can apply for the resident license, and the appointment has to be in hand before the license issues rather than after.

Travel / Baggage

Travel and baggage cover, licensed as a specialty limited line and named for both. No examination, no course and no continuing education: the whole of it is an application, a $20 fee and an insurer's appointment.

Variable Life and Variable Annuity Products

Sells cover provided under variable life insurance contracts and variable annuities in Wyoming. The statute lists it among the lines a producer may qualify for and conditions it on nothing else.