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344.11

344.11 Five-year indexing of insurance policy liability limits.

344.11(1)

(1) At 5-year intervals after January 1, 2012, the department shall adjust the monetary amounts of the liability limits specified in s. 344.01 (2) (am) to reflect changes since January 1, 2012, in the consumer price index for all urban consumers, U.S. city average, for the medical care group, as determined by the U.S. department of labor.

344.11(2)

(2) Beginning in January 2017, and at 5-year intervals thereafter, the department shall publish the adjusted liability limit amounts, as determined under sub. (1), in the Wisconsin Administrative Register.

344.11 - ANNOT.

History: 2009 a. 28.