State Codes and Statutes

Statutes > Wisconsin > 627 > 627.05

627.05

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:

627.05(1)

(1) To delimit the underwriting powers of insurers doing business in this state;

627.05(2)

(2) To provide a basis for determining the financial needs of insurers under s. 611.19 or comparable provisions of other chapters;

627.05(3)

(3) To provide instructions for reports and replies under s. 601.42;

627.05(4)

(4) To restrict combinations of lines or classes of insurance; and

627.05(5)

(5) To determine which rules under ch. 632 are applicable.

627.05 - ANNOT.

History: 1975 c. 372, 421; 1979 c. 221.