631.15 (1) and (4), 631.20 (1), 631.27, 631.41 to 631.51, 631.64 to 631.81 and 631.85 apply to ocean marine insurance; the commissioner may specify by rule that ocean marine contracts are subject to other provisions of this chapter upon a finding that the interests of Wisconsin insureds or creditors or of the public in this state so require. (4) ANNUITIES AND GROUP POLICIES FOR ELEEMOSYNARY INSTITUTIONS. This chapter and ch. 632 do not apply to annuities or group policies that are provided on a basis as uniform nationally as state statutes permit to educational, scientific research, religious or charitable institutions organized without profit to any
631.31 631.36 631.37 631.39 631.41 631.43 631.45 631.48 631.51 631.61 631.64 631.65 631.69 631.81 631.83 631.85 631.89 631.90 631.93 631.95
SUBCHAPTER III SPECIFIC CLAUSES IN CONTRACTS Clauses required to be on first page. Termination of insurance contracts by insurers. Special cancellation provisions. Renewals in affiliates. Policies jointly issued. Other insurance provisions. Limitations on loss to be borne by insurer. Nonwaiver clause. Dividends on policies. Group and blanket insurance. Corporate name. Assessable policies. Insurance written in connection with finance plans. Notice and proof of loss. Limitation of actions. Appraisal or arbitration. Restrictions on use of genetic test results. Restrictions on use of tests for HIV. Prohibited provisions concerning HIV infection. Restrictions on insurance practices; domestic abuse.
person, for the benefit of employees of such institutions. The commissioner may by order subject such contracts issued by a particular insurer to this chapter or ch. 632 or any portion of those provisions upon a finding, after a hearing, that the interests of Wisconsin insureds or creditors or the public of this state so require. (4m) RUSTPROOFING WARRANTIES INSURANCE. An insurer issuing a policy of insurance to cover a warranty, as defined in s. 100.205 (1) (g), shall comply with s. 632.18 and the policy shall be on a form approved by the commissioner under s. 631.20. (5) OTHER EXCEPTIONS. The commissioner may by rule exempt any class of insurance contract or insurer from any or all of the provisions of this chapter and ch. 632 if the interests of Wisconsin insureds or creditors or of the public of this state do not require such regulation. History: 1975 c. 375, 421; 1985 a. 29; 1987 a. 247; 1991 a. 250; 1995 a. 242; 1997 a. 27; 2007 a. 168; 2011 a. 224. A stop-loss policy that provided that, in case of a catastrophic medical case, the employer would only be responsible for paying covered medical costs on an individual case up to the stop-loss amount with the insurer paying the costs above that amount, was not a contract of reinsurance exempt from this section. Edstrom Industries, Inc. v. Companion Life Insurance Co., 516 F.3d 546 (2008).