610.001(1)(1) To provide an orderly procedure by which insurers may be created, governed and dissolved;

610.001(2)(2) To provide for procedures to merge, consolidate or convert various kinds of insurers;

610.001(3)(3) To provide for structure and management that will maximize democratic participation in the operation of insurers; and

610.001(4)(4) To prevent or control self-dealing by management in order to protect the interests of shareholders, policyholders, members, subscribers and the public.

610.01(1)(1) “Director” includes “trustee”.

610.01(2)(2) “Officer” does not include “director”.

610.01(3)(3) “Promoter stock” means shares issued by a domestic stock corporation under ss. 611.18 (2) (a) 2. and 611.32 (1), and shares issued within 5 years after the initial issuance of the certificate of authority, to incorporators, directors, principal officers, members of the families of any of these persons, and to any corporations controlled by, or any trustee acting in behalf of, any of these persons.

610.01(4)(4) In any provision of ch. 180 or 181 made applicable by any section of chs. 600 to 646, “department” shall be read “commissioner of insurance”.

610.11610.11 Qualified insurers. No person may do an insurance business as defined in s. 618.02 (2) on the person’s own account in this state, either in person, or through agents or brokers, or through the mail or any other method of communication, except:

610.11(1)(1) An insurer authorized to do business in this state, within the limits of its certificate of authority; or

610.11(2)(2) An insurer doing business under s. 618.41.

610.21(1)(1) Prohibition for domestic insurers. No domestic insurer may engage, directly or indirectly, in any business other than insurance and business reasonably incidental to its insurance business, except as specifically authorized by s. 611.26 (4), 611.26 (4) as incorporated by s. 614.24 (1), or s. 613.26 or any other provision of chs. 600 to 646; except that a domestic insurer not restricted under s. 620.03 may engage directly in any activity to the extent it is authorized to do so through a subsidiary.

610.21(2)(2) Prohibition for nondomestic insurers. No nondomestic insurer may engage in this state in any business forbidden to a domestic insurer, nor may the insurer engage in such business elsewhere if:

610.21(2)(b)(b) The statutes of this state specifically prohibit a nondomestic insurer to engage in such business elsewhere; or

610.21(2)(c)(c) The commissioner orders it to cease doing such business upon finding that doing such business is not consistent with the interests of its insureds, creditors or the public in this state; or that it gives the insurer a substantial competitive advantage in relation to domestic insurers.

610.21(3)(3) Incidental business. “Incidental business” includes:

610.21(3)(a)(a) The business of preparing and selling abstracts of title and related documents, if done by an insurer authorized to transact title insurance;