Section 26-35-106 - Transfers of Policies Resulting From Mergers, Acquisitions or Restructuring or Resulting in Broader Coverage; Notice Not Required

26-35-106. Transfers of policies resulting from mergers, acquisitions or restructuring or resulting in broader coverage; notice not required. (a) Subject to the provisions of W.S. 26-35-204, a nonrenewal or cancellation notice shall not be required if a policy is transferred from an insurer to an affiliated insurer under common management and control: (i) As a result of a merger, acquisition or company restructuring; or (ii) If the transfer results in the same or broader coverage. (b) Nothing in this section shall be construed as limiting the right of an insured to cancel a policy.