The insurer shall require every administrator acting for the insurer to maintain at its principal administrative office for the duration of the written agreement referred to in Section 4 and three (3) years thereafter adequate books and records of all transactions between the administrator, insurers and insured persons. Such books and records shall be maintained in accordance with prudent standards of insurance record keeping. The commissioner shall have access to such books and records for the purpose of examination, audit and inspection. The insurer shall retain the right to continuing access to such books and records of the administrator sufficient to permit the insurer to fulfill all of its contractual obligations to insured persons subject to any restrictions in the written agreement between the insurer and administrator on the proprietary rights of the parties in such books and records. Nothing herein shall relieve the insurer of its obligation to maintain books and records of all its insurance transactions for the purpose of examination, audit and inspection by the commissioner.
044-4 Wyo. Code R. § 4-6