Chapter 617 — REGULATION OF INSURANCE HOLDING COMPANIES AND INTERCORPORATETRANSACTIONS RELATING TO INSURERS
11 sections in this chapter.
Wis. Stat. § 617.01 Construction and purpose
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617.01 Construction and purpose. (1) CONSTRUCTION. This chapter shall be liberally construed to achieve the purpose of sub. (2), which shall constitute an aid and guide to interpretation but not an independent source of power. (2) PURPOSE. The purpose of this chapter is to protec…
Wis. Stat. § 617.03 Exemptions
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617.03 Exemptions. The commissioner may exempt any specified person or class of persons from this chapter or any provisions thereof, when the commissioner deems such exemption consistent with the purposes of this chapter and in the public interest. History: 1979 c. 102 s. 236 (6)…
Wis. Stat. § 617.11 Reports on affiliates
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617.11 Reports on affiliates. (1) INFORMATION. Except as provided under subs. (2) and (2m), an insurer authorized to do business in this state, and a person attempting to acquire or having control of an insurer authorized to do business in this state, shall report to the commissi…
Wis. Stat. § 617.12 Rules requiring enterprise risk reports
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617.12 Rules requiring enterprise risk reports. (1) In this section, “enterprise risk” means any activity, circumstance, event, or series of events involving one or more affiliates of an insurer that, if not remedied, is likely to have a material adverse effect on the financial c…
Wis. Stat. § 617.13 Rules requiring group capital calculations and liquidity stress tests
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617.13 Rules requiring group capital calculations and liquidity stress tests. (1) The commissioner shall promulgate rules requiring certain insurers, as determined under the rules, to report their group capital calculations and liquidity stress tests, including the form of the re…
Wis. Stat. § 617.21 Transactions with affiliates
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617.21 (2) to (3g) and rules promulgated under those subsections. (2m) EXEMPTION IF THE INSURER REPORTS. Subsection (1) does not apply to a person attempting to acquire or having control of an insurer, if the insurer reports as required under sub. (1) on behalf of the person. 617…
Wis. Stat. § 617.215 Supervisory colleges
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617.215 Supervisory colleges. (1) DEFINITIONS. In this section: (a) “Insurance holding company system” has the meaning given in s. 622.03 (2). (b) “Supervisory college” means a temporary or permanent forum for communication and cooperation between the regulators charged with the …
Wis. Stat. § 617.22 Dividends and other distributions
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617.22 Dividends and other distributions. (1) GENERAL. Any action by the board of a stock insurer authorized to do business in this state authorizing any distribution to shareholders May 22, 2026, are designated by NOTES. (Published 5-22-26) 3 Updated 23-24 Wis. Stats. REGULATION…
Wis. Stat. § 617.225 Extraordinary dividends
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617.225 Extraordinary dividends. (1) A domestic insurer may not pay an extraordinary dividend to its shareholders and an affiliate of the insurer may not accept an extraordinary dividend unless the insurer reports the extraordinary dividend to the commissioner at least 30 days be…
Wis. Stat. § 617.23 Liability of affiliates
Wis. Stat. § 617.25 Officers and directors
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617.25 Officers and directors. (1) No director or officer of an insurer or of an affiliate of an insurer may permit, participate in or assent to a transaction or payment or acceptance of a dividend or distribution prohibited under this chapter. (2) An officer or director of an in…