Initial Regulatory Flexibility Analysis
The rule changes will affect HIRSP policyholders, the Department of Health and Family Services and the Department's fiscal agent. The rule changes will not affect small businesses as “small business" is defined in s. 227.114 (1) (a), Stats. Although the program statutes and rules provide for assessment of insurers to help finance HIRSP, no assessed insurer is a small business as defined in s. 227.114 (1) (a), Stats. Moreover, s. 149.143, Stats., prescribes how the amount of an insurer's assessment to help finance HIRSP is to be determined and, similarly, how the health care provider payment rate is to be calculated.
Notice of Hearing
Higher Educational Aids Board
NOTICE IS HEREBY GIVEN That pursuant to s. 39.395, Stats, the Higher Educational Aids Board will hold a public hearing to consider the creation of ch. HEA 13, Wis. Adm. Code, relating to the administration of the Teacher Education Loan Program.
The Public Hearing will be held:
Date and Time     Location
July 20, 2001     Senate Hearing Room #201SE
9:00 a.m. to 9:30 a.m.   State Capitol
    Madison, Wisconsin
The hearing is fully accessible to people with disabilities.
Analysis Prepared by the Higher Educational Aids Board
The 1997 Wisconsin Act 27 created s. 39.395, which provides for loans to Wisconsin residents enrolled in the teacher education program of the Milwaukee Teacher Education Center (MTEC). The Wisconsin Higher Educational Aids Board (HEAB) administers this program under s. 39.395. These would be the final administrative rules for this program. The student who receives the award must agree to teach in the Wisconsin school district operating under Chapter 119 of the Wisconsin State Statutes, First Class School System. For each year the student teaches in an eligible school district, 50% of the loan is forgiven. If the student does not teach in an eligible district, the loan must be repaid at an interest rate of 5%. There are provisions for a maximum and minimum award amount, an application process, loan forgiveness, terms of repayment, and deferment of loan repayment for borrowers. The proposed administrative rules will not affect expenditures of State funds for the Teacher Education Loan Program.
Statutory Authority
Section 39.395, Stats.
Fiscal Estimate
The proposed rules cause no alterations in the present allocation of funds so there is no fiscal impact.
Contact Person
To find out more about the hearing or request copies of the proposed rules, write, call or e-mail:
Jim Buske
Higher Educational Aids Board
131 West Wilson Street, P.O. Box 7885
Madison, WI 53707-7885
608) 267-9865
Written Comments on the proposed rules received at the above address no later than July 13, 2001 will be given the same consideration as testimony present at the hearing.
Initial Regulatory Flexibility Analysis
The proposed rules concern a student financial aid program and have no affect upon small business in Wisconsin.
Notice of Hearing
Higher Educational Aids Board
NOTICE IS HEREBY GIVEN That pursuant to s. 20.005, Stats, the Higher Educational Aids Board will hold a public hearing to consider the creation of ch. HEA 14, Wis. Adm. Code, relating to the administration of the Teacher of the Visually Impaired Loan Program.
The Public Hearing will be held:
Date and Time     Location
July 20, 2001     Senate Hearing Room #201SE
9:00 a.m. to 9:30 a.m.   State Capitol
    Madison, Wisconsin
The hearing is fully accessible to people with disabilities.
Analysis Prepared by the Higher Educational Aids Board
The 1997 Wisconsin Act 27 created s. 20.005, which provides for loans to Wisconsin residents enrolled in an in-state or eligible out-of-state institution in a program that prepares them to be licensed as teachers of the visually impaired or orientation and mobility instructors. The Wisconsin Higher Educational Aids Board administers this program under s. 20.005. These would be the final administrative rules for this program. The student who receives the award must agree to be a licensed teacher of the visually impaired or an orientation and mobility instructor in a designated school or school district. For each of the first two years the student teaches and meets the eligibility criteria 25% of the loan is forgiven. For the third year, 50% is forgiven. If the student does not teach and/or meet the eligibility criteria, the loan must be repaid. There are provisions for an application process, loan forgiveness, terms or repayment and deferment of loan repayment. The proposed administrative rules will not affect expenditures of State funds for the Teacher of the Visually Impaired Loan Program.
Statutory Authority
Section 20.005, Stats.
Fiscal Estimate
The proposed rules cause no alterations in the present allocation of funds so there is no fiscal impact.
Contact Person
To find out more about the hearing or request copies of the proposed rules, write, call or e-mail:
Jim Buske
Higher Educational Aids Board
131 West Wilson Street, P.O. Box 7885
Madison, WI 53707-7885
(608) 267-9865
Written Comments on the proposed rules received at the above address no later than July 13, 2001 will be given the same consideration as testimony present at the hearing.
Initial Regulatory Flexibility Analysis
The proposed rules concern a student financial aid program and have no affect upon small business in Wisconsin.
Notice of Hearing
Commissioner of Insurance
Notice is hereby given that pursuant to the authority granted under s. 601.41 (3), Stats., and the procedure set forth in under s. 227.18, Stats., OCI will hold a public hearing to consider the adoption of the attached proposed rulemaking order affecting s. Ins 6.59, relating to revising Wisconsin agent licensing rules to be reciprocal and more uniform under Gramm Leach Bliley Act and the NAIC Producer model.
Hearing Date, Time and Location
Date: July 25, 2001
Time: 10:00 a.m., or as soon thereafter as the matter may be reached
Place: Room 6, OCI, 121 East Wilson Street, Madison, WI
Written comments on the proposed rule will be accepted into the record and receive the same consideration as testimony presented at the hearing if they are received at OCI within 14 days following the date of the hearing. Written comments should be addressed to: Robert Luck, OCI, PO Box 7873, Madison WI 53707
Analysis Prepared by the Office of the Commissioner of Insurance
Statutory authority: ss. 601.41 (3), 628.02 to 628.11, 628.40 and 628.34 (12), Stats.
Statutes interpreted: ss. 628.02 to 628.11 and 628.40, Stats.
Under the recently enacted federal Gramm Leach Bliley Act (the “GLBA"), Wisconsin and other states must become reciprocal or uniform. These changes would accomplish reciprocity.
The changes would also attempt to make insurance producer licensing more uniform and simplify multi-state licensing. If Wisconsin and at least 27 other states do not enact “reciprocal" or “uniform" rules regarding licensing, a federal licensing body similar to the “NASD" would be created to take over insurance agent licensing functions from the states. The National Association of Insurance Commissioners (the “NAIC") model Producer Act was developed by state insurance regulatory bodies to accomplish this and this rule adopts many provisions of the NAIC model. New limited lines licenses are created for rental car insurance and legal expense insurance. Certain modifications in the licensing procedures are required by new agent licensing software purchased and currently being installed by OCI. The following analysis discusses the specific changes.
The lines of intermediary licenses issued by Wisconsin have been changed to reflect the lines required for reciprocity and 2 new limited lines. Reciprocity requires Wisconsin to issue licenses for the same authority which a non resident applicant has in their home state. The NAIC model sets out the major lines required including the new “personal lines" license and this rule change conforms Wisconsin to these. In addition, to deal with the various limited line licenses issued by other states, the rules creates a Miscellaneous Limited line which grants the nonresident agent only the authority which the resident state granted under its limited line license.
New software purchased by OCI requires that insurers appoint agents by line of authority so that a cross check can be made to insure that both the agent and the insurer hold the authorities being requested. These revisions do not change the amount of fees required to be paid. Insurers will be billed for each appointment submitted for an agent. An additional appointment may have to be submitted if the insurer doesn't not specify all lines of authority in the initial appointment or the agent later is granted additional authority and thus the insurer would need to add this new authority with an additional appointment. Currently, this additional authority is granted without additional fees, but new software purchased for agent licensing will not accommodate this. The current term, “listing," used for these “appointments" is changed to conform to the description used by most other states. The effective date of the appointment is made to be 15 prior to the date it is entered on the OCI system to conform to the NAIC model. Also, in conformance with the NAIC model, insurers must appoint agents when they contract with the intermediary or when they receive an application from the intermediary.
The NAIC model changes the information that OCI currently collects regarding possible problems encountered by insurers with agents. The model only requires insurers to categorize terminations as “Not for Cause" or “For Cause." This change adopts that procedure but still requires insurers to inform OCI in writing of the same possible problems encountered by the insurer as currently reported.
OCI licenses intermediary corporations or other “unnatural" persons on a voluntary basis but requires the licensing of all individuals in the firm who solicit insurance. (This corporate licensing is done primarily so that Wisconsin firms can get licensed in other states which require licensing in the corporation's resident state.) This rule broadens the definition of what entities can receive a “firm" license to conform to the NAIC model.
The GLBA requires that states accept either the NAIC model nonresident application (which OCI has done for many years) or the application that the nonresident originally submitted to their resident state. This rule conforms Wisconsin to this requirement. Specific NAIC standards for denial of licensure and defining “for cause" terminations by insurers are incorporated. A licensing requirement that an applicant is over age 18 is also added.
The definitions of some terms used to define when a license is required and exemptions to licensing are defined using the same language as the NAIC model. The exemptions to licensing in the model are very similar to the current exemptions contained in s. 628.02, Stats.
The reporting requirements of agents to inform OCI of administrative actions, criminal proceedings and lawsuits against the agent involving misrepresentation, fraud, theft etc., are conformed to the NAIC model and clarified to more clearly define the actions to be reported and what information must be submitted.
Since a new major line of authority called “Personal Lines" has been created in the NAIC model, prelicensing educational requirements are defined for this line. The continuing education requirements are defined for all the new major and limited lines of insurance created. Two new self study courses are listed as being recognized for continuing education. The requirements for crediting continuing education for courses taken to maintain an identified designation are clarified to allow this only for individuals who currently hold that designation.
Initial Regulatory Flexibility Analysis
This rule does not impose any additional requirements on small businesses.
Fiscal Estimate
There will be no state or local government fiscal effect.
Contact Person
A copy of the full text of the proposed rule changes and fiscal estimate may be obtained from the OCI internet WEB site at http://www.state.wi.us/agencies/oci/ocirules.htm or by contacting:
Patrick Bass, Services Section, Office of the Commissioner of Insurance, at (608) 266-0110 or at 121 East Wilson Street, PO Box 7873, Madison WI 53707-7873.
Notice of Hearing
Commissioner of Insurance
Notice is hereby given that pursuant to the authority granted under s. 601.41 (3), Stats., and the procedure set forth in under s. 227.18, Stats., OCI will hold a public hearing to consider the adoption of the attached proposed rulemaking order affecting s. Ins 6.60, relating to agent transactions with customers.
Hearing Information
Date:   August 3, 2001
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Links to Admin. Code and Statutes in this Register are to current versions, which may not be the version that was referred to in the original published document.