Classifications of insurance

627.05 Classifications of insurance. The commissioner may by rule define and delimit lines and classes of insurance for any purposes within the commissioner’s regulatory power, including: (1) To delimit the underwriting powers of insurers doing business in this state; (2) To provide a basis for determining the financial needs of insurers under s. 611.19 or comparable provisions of other chapters; (3) To provide instructions for reports and replies under s. 601.42; (4) To restrict combinations of lines or classes of insurance; and (5) To determine which rules under ch. 632 are applicable. History: 1975 c. 372, 421; 1979 c. 221.