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Home » US Law » 2022 Wisconsin Statutes & Annotations » Insurance. » Chapter 627 - Underwriting restrictions.

627.05 – Classifications of insurance.

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: (1) To delimit the underwriting powers of insurers doing business in this state; (2) To provide a basis for determining the financial needs of insurers under s. 611.19 or […]

627.06 – Combinations of policies.

627.06 Combinations of policies. Subject to any other provisions in this chapter, the commissioner may by rule establish standards for the combination of different kinds of coverages in policies and may specify whether premiums must be separately stated for each. History: 1975 c. 372; 1979 c. 221.

627.15 – Indemnity agreements for surety corporation.

627.15 Indemnity agreements for surety corporation. Any insurer writing surety or fidelity insurance may contract for indemnity or security for any suretyship or fidelity obligation incurred by it; and any fiduciary from whom such an obligation is required or permitted by law may deposit any money and other property which the fiduciary has the power […]

627.18 – Variable contracts.

627.18 Variable contracts. No insurer may deliver within this state any contract providing life or annuity benefits in variable amounts until the insurer has satisfied the commissioner that its condition and methods of operation in connection with such contracts do not render its operation hazardous to the public or its policyholders in this state. In […]

627.23 – Reinsurance.

627.23 Reinsurance. (1) Power to accept reinsurance. Except as limited by s. 612.33 in the case of town mutuals, an authorized insurer may assume as a reinsurer any risks it may write directly. Subject to chs. 611 to 618 or to any limitation imposed on a nondomestic insurer by law of its domicile, the commissioner […]