Wisconsin Administrative Code

Ins 6.12 Qualification of actuaries. (1) PURPOSE. (a) The purpose of this rule is to protect the interests of insurers, insureds, insurance beneficiaries, insurance claimants, insurance company stockholders, and trustees, employers, covered employees, retired employees and termin…

Ins 6.13 Open records; privileged or confidential records. (1) Records of the office of the commissioner of insurance are subject to subch. II of ch. 19, Stats., and are open to inspection as required under subch. II of ch. 19, Stats. (2) The office of the commissioner may withho…

Ins 6.17 Regulation of surplus lines insurance. (1) PURPOSE. This rule implements and interprets ss. 601.42, 601.72, 601.73, 618.41 and 618.43, Stats., for the purpose of facilitating the regulation of surplus lines insurance business in this state. (2) PROHIBITED PLACEMENT. No l…

Ins 6.18 Reporting and payment of tax by unauthorized insurers transacting business in violation of law. (1) PURPOSE. This rule implements and interprets ss. 601.42, 610.11 and 618.43, Stats., for the purpose of facilitating the reporting and collection of tax due the state of Wi…

Ins 6.19 Reporting and taxation of directly placed unauthorized insurance. (1) PURPOSE. This rule imple- ments and interprets ss. 601.42, 618.42 and 618.43, Stats., for the purpose of facilitating the reporting and collection of tax due the state of Wisconsin from persons who dir…

Ins 6.20 Investments of insurance companies. (1) PURPOSE. The purpose of this rule is to implement and interpret ch. 620, Stats., for the purpose of establishing procedures and requirements for investments of insurance companies. (2) SCOPE. This rule shall apply to all insurers s…

Ins 6.25 Joint underwriting and joint reinsurance associations. (1) PURPOSE. This section, pursuant to s. 625.04, Stats., is intended to encourage an active, economical and efficient insurance market; to provide for the regulation of marketing practices; and to exempt certain ins…

Ins 6.30 Instructions for uniform classifications of expenses of fire and marine and casualty and surety insurers. For the purpose of establishing uniformity in classifications of expenses of fire and marine and casualty and surety insurers recorded in statements and reports file…

Ins 6.31 Interpretations of the instructions for uniform classifications of expenses of fire and marine and casualty and surety insurers. (1) PURPOSE. (a) This rule is intended to implement and interpret uniform accounting instructions in s. Ins 6.30. 1. The following kinds of ex…

Ins 6.35 Petroleum storage environmental cleanup fund; exclusions from reimbursement. (1) PURPOSE. This section interprets s. 292.63 (1) (ad) and (gm) and (4) (b) 15., Stats., by defining the liabilities that are excluded from coverage in liability insurance policies for bodily i…

Ins 6.40 Proxies, consents and authorizations of domestic stock insurers. (1) APPLICATION OF RULE. This rule is applicable to all domestic stock insurers having 100 or more stockholders; provided, however, that this rule shall not apply to any insurer if 95% or more of its stock …

Ins 6.41 Insider trading of equity securities of domestic stock insurers. (1) DEFINITIONS. (a) XInsurerY means any domestic insurance company with an equity security subject to the provisions of s. 611.31, Stats., and not exempt thereunder. (b) XOfficerY means a president, vice p…

Ins 6.42 Initial statement of beneficial ownership of securities. (1) PERSONS REQUIRED TO FILE STATEMENTS. A statement on Form 3 (shown at the end of this rule) of initial statement of beneficial ownership of securities is required to be filed by every person who is directly or i…

Ins 6.43 Statement of changes in beneficial ownership of securities. (1) PERSONS REQUIRED TO FILE STATEMENTS. Statements on Form 4 (shown at the end of this rule) of changes in beneficial ownership of securities are required to be filed by every person who at any time during any …

Ins 6.50 Kinds of individual intermediary or agent licenses. (1) PURPOSE. This rule sets forth the kinds of individual intermediary-agents, reinsurance intermediary and managing general agent licenses which may be issued. (2) LINES OF LICENSES. The following individual licenses m…

Ins 6.51 Group life and disability coverage termination and replacement. (1) PURPOSE. This section is intended to promote the fair and equitable treatment of group policyholders, insurers, employees and dependents, and the general public by setting out procedures to be followed w…

Ins 6.52 Biographical data relating to company officers and directors. (1) PURPOSE. This rule is intended to implement and interpret ss. 611.13 (2), 611.54 (1) (a), 611.57, 618.11 (4) and 618.21 (1) (b), Stats., for the purpose of setting standards for the reporting of biographic…

Ins 6.54 Prohibited classification of risks for rating purposes. (1) PURPOSE. This rule interprets and implements ss. 601.01 (2), 625.02, 625.11, 625.12 (2), 625.13, and 625.21 (2), Stats., and ch. 628, Stats., for the purpose of prohibiting certain practices. (2) SCOPE. This rul…

Ins 6.55 Discrimination based on sex, unfair trade practice. (1) PURPOSE. The purpose of this rule is to eliminate the act of denying benefits or refusing coverage on the basis of sex, to eliminate unfair discrimination in underwriting criteria based on sex, and to eliminate any …

Ins 6.57 Appointment of insurance agents by insurers. (1) Submission of an intermediary-agent appointment request shall initiate the appointment of an agent in accordance with s. 628.11, Stats. The appointment request shall be made in a manner prescribed by the commissioner withi…

Ins 6.58 Licensing of insurance intermediary firms as insurance agents. (1) PURPOSE. The purpose of this rule is to establish procedures for licensure of insurance intermediary firms as insurance intermediaries, reinsurance intermediaries, travel insurance agents or managing gene…

Ins 6.59 Licensing of individuals as agents, reinsurance intermediaries, or managing general agents (s. 628.04, Stats.). (1) PURPOSE. The purpose of this rule is to establish procedures for original licensure and license enlargement of an individual as an insurance agent, reinsur…

Ins 6.595 Exemption of licensing of individuals as intermediaries. (1) DEFINITIONS. In this section: (a) XNegotiateY means to confer directly with or offer advice directly to a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substant…

Ins 6.60 Prohibited business practices. (1) In this section: (a) XAffiliateY means any person who is under the control of or acts at the direction of the agent. (b) XAgentY means an intermediary as defined in s. 628.02, Stats. (c) XCustomerY means a natural person with whom the a…

Ins 6.61 Intermediary records. (1) PURPOSE. This section protects insurance policyholders by prescribing minimum standards and techniques of accounting and data handling of intermediaries to ensure that timely and reliable information will exist and be available to the commission…

Ins 6.62 Filing requirements for multiple employer trusts and associations. (1) In this section: (a) XIntermediaryY has the meaning provided under s. 628.02 (1), Stats. (b) 1. XMultiple employer trust or association,Y except as provided by subd. 2., means a trust, association or …

Ins 6.63 Regulation charge. (1) The renewal fee to be paid biennially in a payment type prescribed by the commissioner, by each licensed individual intermediary-agent is: Resident agent $ 35.00 Nonresident agent $ 70.00 (2) Renewal fees are due on the last day of the intermediary…

Ins 6.66 Proper exchange of business. (1) The purpose of this rule is to interpret s. 628.61, Stats., regarding the proper exchange of business between agent intermediaries. (2) Proper exchange of business means the forwarding of insurance business from one agent who cannot, afte…

Ins 6.67 Unfair discrimination in life and disability insurance. (1) PURPOSE. The purpose of this rule is to identify specific acts or practices in life and disability insurance found to be unfairly discriminatory under s. 628.34 (3) (b), Stats. Note: The need for a rule has aris…

Ins 6.68 Unfair discrimination based on geographic location or age of risk. (1) PURPOSE. The purpose of this rule is to identify specific acts or practices found to be unfair trade practices that are unfairly discriminatory under s. 628.34, Stats. (2) APPLICABILITY AND SCOPE. Thi…

Ins 6.70 Combinations of lines and classes of insurance. This rule defines and delimits the permissible combinations of the lines and classes of insurance defined and delimited by s. Ins 6.75 which may be written in the same policy. Except as provided in this rule, lines and clas…

Ins 6.72 Risk limitations. (1) Except as otherwise provided by law or by order of the commissioner, no single risk assumed by any insurance company shall exceed 10% of surplus as regards policyholders, except that in an assessable mutual com- 64 pany it may be a greater amount no…

Ins 6.74 Suretyship and risk limitations of surety obligations. (1) PURPOSE. The purpose of this rule is to establish minimum requirements for the transaction of surety obligations. (2) SCOPE. This rule shall apply to the limitations on bond penal amounts imposed on insurers enga…

Ins 6.75 Classifications of insurance. This rule defines and delimits lines and classes of insurance for any purposes within the commissioner[s regulatory power unless the language or context of a statute or rule otherwise provides. (1) LIFE AND DISABILITY INSURANCE. Life and dis…

Ins 6.76 Grounds for disapproval of and authorized clauses for fire, inland marine and other property insurance forms. (1) PURPOSE. The purpose of this rule is to the chapter was last published. Ins 6.76 WISCONSIN ADMINISTRATIVE CODE set out characteristics and provision of fire,…

Ins 6.77 Exemption from mid-term cancellation requirements. (1) PURPOSE. This section is intended to exempt certain classes of insurance contracts from s. 631.36 (2) (a), (b) and (c), Stats. This section implements the provisions of ss. 631.01 (5) and 631.36 (1) (c), Stats. (2) S…

Ins 6.78 Exemption from filing of rates. (1) PURPOSE. The purpose of this section is to exempt from the filing requirements of s. 625.13, Stats., those rates for risks which have been customarily written on a consent-to-rate basis and certain title insurance rates, it having been…

Ins 6.785 Exemption from rate and form filing requirements. (1) PURPOSE. This section is intended to exempt certain classes of property and casualty rates and commercial property and casualty forms from the rate and form filing require- 68 ments. This section implements and inter…

Ins 6.79 Advisory councils and committees. (1) PURPOSE. The purpose of this section is to delineate the process by which the commissioner may create advisory councils and committees under s. 15.04 (1) (c), Stats., to assist in dealing with regulatory problems pursuant to s. 601.2…

Ins 6.80 Retention of records. (1) PURPOSE. The purpose of this section is to establish standards for record retention by insurers and other persons subject to the regulation of the commissioner. (2) SCOPE. (a) This section shall apply to all insurers licensed under chs. 611, 612…

Ins 6.85 Notification of a person[s right to file a complaint with the commissioner. (1) PURPOSE. This section interprets and implements s. 631.28, Stats., by specifying the contents of a notice insurers must provide to insureds about their right to file a complaint with the offi…

Ins 6.90 Prohibited uses of senior-specific designations. (1) PURPOSE. The purpose of this rule is to set forth standards to protect consumers from advertising and trade practices that are deceptive, misleading, or restrain competition unreasonably, with respect to the use of sen…

Ins 6.91 Definitions. In addition to the definitions in s. 628.90, Stats., for the purposes of ss. Ins 6.91 to 6.99 the following apply: (1) XBusiness checking accountY means any account utilized by a navigator, navigator entity, nonnavigator assister or nonnavigator assister ent…

Ins 6.92 Individual navigators. (1) PURPOSE. This section protects insurance consumers by establishing procedures for the licensing of navigators when transacting the business of insurance, prescribing minimum standards and requirements to ensure timely and reliable information w…

Ins 6.95 Registration of certified application counselors, nonnavigator assisters and nonnavigator assister entities. (1g) REGISTRATION REQUIREMENT. Certified application counselors and other nonnavigator assisters shall be employed or supervised by a registered nonnavigator assi…

Ins 6.96 Prohibited business practices. In addition to the prohibited acts contained in s. 628.95 (2), Stats., navigators, navigator entities, nonnavigator assisters and nonnavigator assister entities are prohibited from all of the following: (1) Providing enrollment or other spe…

Ins 6.97 Navigator, nonnavigator assister, navigator entity, and nonnavigator assister entity records. (1) PURPOSE. This section protects consumers by prescribing minimum standards and techniques of accounting and data handling of navigators, nonnavigator assisters, navigator ent…

Ins 6.98 Prohibition of uses of designations. (1) PROHIBITED USES OF DESIGNATIONS. It is an unfair and deceptive trade practice under s. 628.34 (12), Stats., for a person to use terms including Xnavigator,Y Xnavigator entity,Y Xnonnavigator assister,Y Xcertified application couns…

Ins 6.99 Exemption. (1) (a) State and local governmental entities or any persons acting on behalf of a state or local governmental entity are exempt from ss. Ins 6.91 to 6.98 provided all of the following are met: 1. All communications, advertisements, notices, or other marketing…

Ins 7.01 Purpose. This chapter lists the title and form number of each form prescribed by the office of the commissioner of insurance which imposes requirements meeting the definition of a rule in s. 227.01 (13), Stats., and which is required to be published under s. 227.23 (3), …