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 insurance market, characterized by competitive conditions and the […]
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) “Agent” means an intermediary as defined in s. 628.02 (4). History: […]
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 this state without having in effect a certificate of […]
