Insurance investment amendments.

Wyoming's HB 87 amends insurance investment rules for domestic insurers, primarily affecting companies operating within the state. The bill creates new exemptions allowing insurers to hold investments in foreign jurisdictions (outside the U.S. and Canada) without requiring physical branches in Wyoming, while maintaining a 20% cap on total foreign investments. Key provisions include defining "foreign investment," requiring high-grade securities for certain foreign obligations, and setting a 5% limit on investments in single entities. These changes apply specifically to Wyoming-based insurers managing their investment portfolios under existing regulatory frameworks.