2. A form for a worker's compensation policy.
3. A form for a Medicare replacement policy or a Medicare supplement policy.
4. A form for a long-term care insurance policy, including a form for a nursing home or home health care policy.
5. A form filed under ch. 149.
6. A form issued by an insurer ordered by the commissioner under s. 601.41 (4) to file forms under par. (a). The commissioner may require an insurer to file forms under par. (a) to secure compliance with the law, including if the commissioner determines that the insurer violated sub. (1m).
7. A form that includes an appraisal or arbitration provision not specifically authorized by rule. The entire form, including the appraisal or arbitration provision, is subject to par. (a).
8. A form that contains a clause subject to s. 631.21, but only as to the clause.
9. A form subject to s. 618.41 (6m).
10. A warranty contract form.
11. A form required to be filed under par. (a) by a rule promulgated by the commissioner.
168,28
Section
28. 631.20 (1g) of the statutes is created to read:
631.20 (1g) Exempt if approved by commission. A form for a product, as defined in s. 601.58 (2) (k), that is approved by or self-certified to, and not disapproved by, the Interstate Insurance Product Regulation Commission is exempt from subs. (1) (a) and (1m) (a), unless otherwise provided by a rule promulgated by the commissioner under s. 601.58.
168,29
Section
29. 631.20 (1m) of the statutes is created to read:
631.20 (1m) Use of certain forms. (a) Except as exempted under sub. (1g) or s. 631.01 (2) to (5) or by a rule promulgated by the commissioner, an insurer may not, on or after the effective date of this paragraph .... [revisor inserts date], use a form that is exempt from sub. (1) (a) under sub. (1) (c) unless the insurer does all of the following:
1. Files the form with the commissioner 30 days before its use.
2. Files the form in the manner and format, and with the attachments, prescribed by the commissioner.
3. Certifies as required under par. (b) that the form complies with chs. 600 to 655 and rules promulgated under chs. 600 to 655. The commissioner may require an insurer to include specific compliance certifications.
(b) An insurer shall provide the certification under par. (a) 3. in the form prescribed by the commissioner. The certification shall be executed by a person who is an officer of the insurer and who is responsible for the form that is the subject of the filing. No insurer may file, and no insurer's officer may execute, a false certification.
168,30
Section
30. 631.20 (2) (intro.) of the statutes is amended to read:
631.20 (2) Grounds for disapproval. (intro.) The commissioner may disapprove a form under sub. (1) (a) or (3) upon a finding:
168,31
Section
31. 631.20 (3) of the statutes is amended to read:
631.20 (3) Subsequent disapproval. Whenever the commissioner finds, after a hearing, that a form approved or deemed to be approved under sub. (1) (a) would, a form filed under sub. (1m), or a form subject to subsequent disapproval under s. 601.58 (14) should be disapproved under sub. (2) if newly filed, the commissioner may order that on or before a date not less than 30 nor more than 90 days after the order the use of the form shall be discontinued or appropriate changes shall be made.
168,32
Section
32. 631.20 (6) (title) of the statutes is amended to read:
631.20 (6) (title) Approved form which Form that violates statute or rule.
168,33
Section
33. 631.20 (6) (a) of the statutes is renumbered 631.20 (6) (a) (intro.) and amended to read:
631.20 (6) (a) (intro.) The penalties under s. 601.64 (3) to (5) may not be imposed against an insurer for using any of the following:
1. Using a form that does not comply with a statute or rule, including a rule or uniform standard adopted by the Interstate Insurance Product Regulation Commission, if the statute or rule was in effect on the date the form was approved or deemed to be approved under sub. (1) (a) or s. 601.58.
168,34
Section
34. 631.20 (6) (a) 2. of the statutes is created to read:
631.20 (6) (a) 2. The use of a form solely based on a finding of the commissioner that the content of the form is misleading under s. 628.34 (1).
168,35
Section
35. 631.20 (6) (b) of the statutes is amended to read:
631.20 (6) (b) Use An insurer's use of a form that does not comply with a statute or rule which, including a rule or uniform standard adopted by the Interstate Insurance Product Regulation Commission, that takes effect after the date the form was approved or deemed to be approved under sub. (1) (a) or s. 601.58 is a violation of the statute or rule, and the penalties under s. 601.64 may be imposed against the insurer using the form.
168,36
Section
36. 631.20 (6) (c) of the statutes is created to read:
631.20 (6) (c) Except as provided in par. (a) 2., an insurer's use of a form filed under sub. (1m) that violates chs. 600 to 655 or rules promulgated under chs. 600 to 655 is a violation of the statute or rule, regardless of whether the form has been subsequently disapproved under sub. (3). The insurer is subject to the penalties and remedial orders provided under chs. 600 to 655, including ss. 601.41 (4) and 601.64.
168,37
Section
37. 631.21 (1) (intro.) of the statutes is amended to read:
631.21 (1) Required approval. (intro.) Despite the filing or general approval of a form under s. 631.20, the following clauses are not approved may not be used even if contained in the form unless the commissioner gives explicit approval to them:
168,38
Section
38. 631.23 (1) (intro.) of the statutes is amended to read:
631.23 (1) Promulgation of clauses. (intro.) The commissioner may not promulgate mandatory uniform clauses that preclude an insurer from filing its own forms for approval under s. 631.20; the commissioner may only disapprove such forms on the basis of the criteria stated in that section. Subject thereto, the commissioner may promulgate authorized clauses by rule upon a finding that:
168,39
Section
39. 631.36 (1) (a) of the statutes is amended to read:
631.36 (1) (a) General. Except as otherwise provided in this section or in other statutes or by rule under par. (c), this section applies to all contracts of insurance based on forms which that are subject to filing and approval under s. 601.58 or 631.20 (1) (a).
168,40
Section
40. 632.32 (4) (intro.) of the statutes is amended to read:
632.32 (4) Required uninsured motorist and medical payments coverages. (intro.) Every policy of insurance subject to this section that insures with respect to any motor vehicle registered or principally garaged in this state against loss resulting from liability imposed by law for bodily injury or death suffered by any person arising out of the ownership, maintenance, or use of a motor vehicle shall contain therein or supplemental thereto the following provisions approved by the commissioner:
168,41
Section
41. 632.45 (2) of the statutes is amended to read:
632.45 (2) Amendments. Any contract under sub. (1) shall state whether it may be amended as to investment policy, voting rights, and conduct of the business and affairs of any segregated account. Subject to any preemptive provision of federal law, any such amendment is subject to filing and approval under s. 631.20 and approval by a majority of the policyholders in the segregated account.
168,42
Section
42. 646.35 (6) (bm) of the statutes is amended to read:
646.35 (6) (bm) For coverages continued pursuant to par. (b), the fund may substitute a comprehensive health insurance policy approved by the commissioner for a health maintenance organization policy that is subject to sub. (3), and increase rates or premiums for the substituted coverage as provided in sub. (5).
168,43
Section
43. 893.80 (8) of the statutes is amended to read:
893.80 (8) This section does not apply to actions commenced under s. 19.37, 19.97, or 281.99 or to claims against the interstate insurance product regulation commission.
168,44
Section
44.
Effective dates. This act takes effect on the day after publication, except as follows:
(1) Insurance form filing. The treatment of sections 40.55 (1), 100.205 (6) (intro.), 605.03 (1) (a), 607.02 (1), 612.51 (1), 631.01 (4m), 631.20 (1) (a) and (c), (1g), (1m), (2) (intro.), (3), and (6) (title), (b), and (c), 631.21 (1) (intro.), 631.23 (1) (intro.), 631.36 (1) (a), 632.32 (4) (intro.), 632.45 (2), and 646.35 (6) (bm) of the statutes, the renumbering and amendment of section 631.20 (6) (a) of the statutes, and the creation of section 631.20 (6) (a) 2. of the statutes take effect on the first day of the 4th month beginning after publication.
(2) Suitability of annuity sales. The treatment of section 628.347 (title), (1) (b) and (c), (2) (a), (b) 1., 2., 3., and 4., and (c) (intro.), (3) (f) 2., (5) (a), (b), and (c), (6) (b) and (c), (7), and (8) (a) of the statutes takes effect on the first day of the 7th month beginning after publication.
