CHAPTER 601
INSURANCE — ADMINISTRATION
SUBCHAPTER I
GENERAL PROVISIONS
601.04 Certificate of authority; fee.
SUBCHAPTER II
OFFICE OF THE COMMISSIONER OF INSURANCE
601.13 Financial services; deposits.
601.14 Supporting services.
601.16 Official seal and signature.
601.19 Organization of the office.
601.20 Advisory councils and committees.
SUBCHAPTER III
FINANCING THE INSURANCE OFFICE
601.32 Supervision of industry, supplementary fee.
601.33 Exemption from taxation.
SUBCHAPTER IV
POWERS AND DUTIES OF COMMISSIONER
601.41 General duties and powers.
601.415 Miscellaneous duties.
601.42 Reports and replies.
601.422 Commercial liability insurance reports.
601.423 Social and financial impact reports.
601.425 Product liability insurance reports.
601.427 Medical malpractice insurance reports.
601.428 Cancellation and rescission reports.
601.43 Examinations and alternatives.
601.44 Conducting examinations.
601.45 Examination costs.
601.46 Commissioner's records and reports.
601.465 Nondisclosure of information.
601.48 Participation in organizations.
601.49 Access to records.
601.51 Provision of certified copies and notices.
601.53 Insolvency notices.
601.55 Nondomestic insurers; additional requirements.
601.56 Study and rules on standards for health insurers.
601.57 Study and rules on health insurance identification cards.
601.58 Interstate insurance product regulation compact.
SUBCHAPTER V
PROCEDURES AND ENFORCEMENT
601.61 Auxiliary procedural powers.
601.63 Notice and effective date of orders.
601.64 Enforcement procedure.
601.65 Marketing firm forfeitures.
601.71 Enforcement of policyholder rights.
601.715 Registered agent for service of process.
601.72 Service of process through state officer.
601.73 Procedure for service of process through state officer.
SUBCHAPTER VI
FIRE DEPARTMENT DUES
Ch. 601 Cross-reference
Cross-reference: See definitions in ss.
600.03 and
628.02.
GENERAL PROVISIONS
601.01
601.01
Purposes. The purposes of
chs. 600 to
655 are:
601.01(1)
(1) To ensure the solidity of all insurers doing business in this state;
601.01(2)
(2) To ensure that policyholders, claimants and insurers are treated fairly and equitably;
601.01(3)
(3) To ensure that the state has an adequate and healthy insurance market, characterized by competitive conditions and the exercise of initiative;
601.01(4)
(4) To provide for an office that is expert in the field of insurance, and able to enforce
chs. 600 to
655;
601.01(5)
(5) To encourage full cooperation of the office with other regulatory bodies, both of this and other states and of the federal government;
601.01(6)
(6) To improve and thereby preserve state regulation of insurance;
601.01(7)
(7) To maintain freedom of contract and freedom of enterprise so far as consistent with the other purposes of the law;
601.01(8)
(8) To encourage self-regulation of the insurance enterprise;
601.01(9)
(9) To encourage loss prevention as an aspect of the operation of the insurance enterprise;
601.01(10)
(10) To keep the public informed on insurance matters; and
601.01 Cross-reference
Cross-reference: See also
Ins, Wis. adm. code.
601.01 Annotation
Why process consumer complaints? A case study of the office of the commissioner of insurance of Wisconsin. Whitford, Kimball, 1974 WLR 639.
601.02
601.02
Definitions. In this chapter, unless the context indicates otherwise:
601.02(1)
(1) "Adjuster" means any person who represents an insurer or an insured in negotiations for the settlement of a claim against the insurer arising out of the coverage provided by an insurance policy.
