Chapter 601 — INSURANCE — ADMINISTRATION
43 sections in this chapter.
Wis. Stat. § 601.01 Purposes
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601.01 Purposes. The purposes of chs. 600 to 655 are: (1) To ensure the solidity of all insurers doing business in this state; (2) To ensure that policyholders, claimants and insurers are treated fairly and equitably; (3) To ensure that the state has an adequate and healthy insur…
Wis. Stat. § 601.02 Definitions
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601.02 Definitions. In this chapter, unless the context indicates otherwise: (1) “Adjuster” means any person who represents an insurer or an insured in negotiations for the settlement of a claim against the insurer arising out of the coverage provided by an insurance policy. (3) …
Wis. Stat. § 601.04 Certificate of authority; fee
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601.04 Certificate of authority; fee. (1) SCOPE. This section applies to all insurers incorporated or organized under any law of this state except chs. 611, 612, 613 and 614. (2) REQUIREMENT OF LICENSE. No insurer or plan subject to this section may transact insurance business in…
Wis. Stat. § 601.11 Personnel
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601.11 Personnel.
Wis. Stat. § 601.12 Legal services
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601.12 Legal services.
Wis. Stat. § 601.13 Financial services; deposits
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601.13 Financial services; deposits.
Wis. Stat. § 601.14 Supporting services
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601.14 Supporting services.
Wis. Stat. § 601.15 Oath
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601.15 Oath.
Wis. Stat. § 601.16 Official seal and signature
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601.16 Official seal and signature.
Wis. Stat. § 601.18 Delegation
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601.18 Delegation.
Wis. Stat. § 601.19 Organization of the office
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601.19 Organization of the office.
Wis. Stat. § 601.20 Advisory councils and committees
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601.20 Advisory councils and committees. SUBCHAPTER III FINANCING THE INSURANCE OFFICE
Wis. Stat. § 601.31 Fees
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601.31 Fees.
Wis. Stat. § 601.32 Supervision of industry, supplementary fee
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601.32 Supervision of industry, supplementary fee.
Wis. Stat. § 601.33 Exemption from taxation
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601.33 Exemption from taxation. SUBCHAPTER IV POWERS AND DUTIES OF COMMISSIONER
Wis. Stat. § 601.41 General duties and powers
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601.41 General duties and powers.
Wis. Stat. § 601.415 Miscellaneous duties
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601.415 Miscellaneous duties.
Wis. Stat. § 601.42 Reports and replies
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601.42 Reports and replies.
Wis. Stat. § 601.423 Social and financial impact reports
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601.423 Social and financial impact reports.
Wis. Stat. § 601.43 Examinations and alternatives
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601.43 Examinations and alternatives.
Wis. Stat. § 601.44 Conducting examinations
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601.44 Conducting examinations.
Wis. Stat. § 601.45 Examination costs
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601.45 Examination costs.
Wis. Stat. § 601.46 Commissioner’s records and reports
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601.46 Commissioner’s records and reports.
Wis. Stat. § 601.465 Nondisclosure of information
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601.465 Nondisclosure of information.
Wis. Stat. § 601.47 Publications
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601.47 Publications.
Wis. Stat. § 601.48 Participation in organizations
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601.48 Participation in organizations. Cross-reference: See definitions in ss. 600.03 and 628.02. SUBCHAPTER I GENERAL PROVISIONS
Wis. Stat. § 601.49 Access to records
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601.49 Access to records. The commissioner shall have access to the records of any agency of the state government or of May 22, 2026, are designated by NOTES. (Published 5-22-26) 11 Updated 23-24 Wis. Stats. any political subdivision thereof which the commissioner may wish to con…
Wis. Stat. § 601.51 Provision of certified copies and notices
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601.51 Provision of certified copies and notices. (1) CERTIFIED COPIES. On request of any insurer authorized to do a surety business and its payment of the fee under s. 601.31 (1), the commissioner shall mail a certified copy of its certificate of authority to any designated publ…
Wis. Stat. § 601.53 Insolvency notices
Wis. Stat. § 601.55 Nondomestic insurers; additional requirements
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601.55 Nondomestic insurers; additional requirements. If another state or a foreign country requires domestic insurers doing business in that state or foreign country to deposit security, to pay a fee or tax not included in the computation under s. 76.66, to pay a fine or penalty…
Wis. Stat. § 601.58 Interstate insurance product regulation compact
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601.58 Interstate insurance product regulation compact. The interstate insurance product regulation compact is hereby enacted into law and entered into by this state with all other jurisdictions legally joining therein, in substantially the following form: (1) ARTICLE I — PURPOSE…
Wis. Stat. § 601.61 Auxiliary procedural powers
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601.61 Auxiliary procedural powers. The commissioner may administer oaths, take testimony, issue subpoenas and take depositions in connection with any hearing, meeting, examination, investigation or other proceeding that the commissioner may conduct. History: 1979 c. 102 s. 236 (…
Wis. Stat. § 601.62 Hearings
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601.62 Hearings. (1) HEARING REQUIRED. Whenever chs. 600 to 655 expressly so provide, the commissioner shall hold a hearing before issuing an order. (2) SPECIAL INSURANCE HEARINGS. Chapter 227 shall apply to all hearings under chs. 600 to 655, except those for which special proce…
Wis. Stat. § 601.63 Notice and effective date of orders
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601.63 Notice and effective date of orders. (1) NOTICE TO PERSON ADDRESSED BY ORDER. Notice of any order by the commissioner shall be served under s. 227.48. (2) NOTIFICATION TO AGENTS OF REVOCATION OF CERTIFICATE OF AUTHORITY OF INSURER. Upon issuance of any order revoking an in…
Wis. Stat. § 601.64 Enforcement procedure
Wis. Stat. § 601.65 Marketing firm forfeitures
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601.65 Marketing firm forfeitures. (1) In this section “firm” means a person that markets insurance but does not include an insurer. (2) A firm is liable for a forfeiture of not more than $1,000 for each violation by an insurance agent of a provision of, a rule pro- May 22, 2026,…
Wis. Stat. § 601.71 Enforcement of policyholder rights
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601.71 Enforcement of policyholder rights. When the commissioner is satisfied that any nondomestic insurer which no longer has a certificate of authority in this state does or omits to do any act whereby the rights of policyholders who are residents of this state, or who hold con…
Wis. Stat. § 601.715 Registered agent for service of process
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601.715 Registered agent for service of process. (1) Every authorized insurer shall continuously maintain in this state a registered agent for service of process, notice or demand on the insurer. The authorized insurer shall file the name and address of the registered agent with …
Wis. Stat. § 601.72 Service of process through state officer
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601.72 Service of process through state officer. (1) GENERAL. Under procedures specified in s. 601.73, the commissioner is by law constituted attorney, except in cases in which the proceeding is to be brought by the state against an insurer or intermediary other than a risk reten…
Wis. Stat. § 601.73 Procedure for service of process through state officer
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601.73 Procedure for service of process through state officer. (1) REQUIREMENTS FOR EFFECTIVE SERVICE. Service upon the commissioner or department of financial institutions under s. 601.72 is service on the principal, if: (a) Two copies of the process are left in the hands or off…
Wis. Stat. § 601.80 Definitions; healthcare stability plan
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601.80 Definitions; healthcare stability plan. In this subchapter: (1) “Affordable Care Act” means the federal Patient Protection and Affordable Care Act, P.L. 111-148, as amended by the federal Health Care and Education Reconciliation Act of 2010, P.L. 111-152, and any amendment…
Wis. Stat. § 601.83 Healthcare stability plan; administration
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601.83 Healthcare stability plan; administration. (1) PLAN ESTABLISHED; GENERAL ADMINISTRATION. (a) The commissioner shall administer a state-based reinsurance program known as the healthcare stability plan in accordance with the specific terms and conditions approved by the fede…
Wis. Stat. § 601.85 Accounting, reports, and audits
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601.85 Accounting, reports, and audits. (1) ACCOUNTING. The commissioner shall keep an accounting for each benefit year of all of the following: (a) Funds appropriated for reinsurance payments and administrative and operational expenses. (b) Requests for reinsurance payments rece…