This rule will have little or no effect on small businesses since few, if any, domestic insurers meet the definition of a small business. Furthermore, OCI has delayed the applicability date of the rule changes increasing the minimum assessment amounts and the internal audit function requirement to February 1, 2018 and January 1, 2018, respectively, to allow insurers to make adjustments to comply with these two rule changes, particularly the increase in minimum assessment amount. Finally, as stated earlier, a possible exemption may be available under s. 20.145 (1) (g) 1., Stats., if a small business insurer demonstrates to the commissioner’s satisfaction that imposition of the minimum assessment costs places “an unreasonable burden on the examinee.” 12. Agency contact person:
or by contacting Karyn Culver, OCI Legal Unit, at:
Phone: (608) 267-9586
Address: 125 South Webster St – 2nd Floor, Madison WI 53703-3474
Mail: PO Box 7873, Madison, WI 53707-7873
13. Place where comments are to be submitted and deadline for submission:
The deadline for submitting comments is 4:00 p.m. on May 10, 2017.
Mailing address:
Alice M. Shuman-Johnson
Legal Unit - OCI Rule Comment for Rule Ins 3.651
Office of the Commissioner of Insurance
PO Box 7873
Madison WI 53707-7873
Street address:
Alice M. Shuman-Johnson
Legal Unit - OCI Rule Comment for Rule Ins 3.651
Office of the Commissioner of Insurance
125 South Webster St – 2nd Floor
Madison WI 53703-3474
Email address:
Alice M. Shuman-Johnson
The proposed rule changes are:
SECTION 1. Ins 3.651 (2) (Note) is amended to read:
Section 1.
SECTION 2. Ins 3.70 is repealed.
SECTION 3. Ins 3.75 (6) is amended to read:
Ins 3.75 (6) Portability; HIRSP. For an individual who elects continuation of coverage under this section, the period, if any, from the date of the termination of the individual's group policy coverage to the commencement of continuation of coverage under this section shall be disregarded for the purpose of determining the 63-day period under s. 632.746 (3) (b) Stats., and determining eligibility as an eligible individual under ch. 149, Stats. Section 2.
SECTION 4. Ins 5.45 (1) (b) is repealed.
SECTION 5. Ins 6.52 (5) is amended to read:
Ins 6.52 (5) Reporting with respect to new officers and directors
subsequent to organization or admission. A report shall be provided by each domestic insurer to which this rule applies with respect to the appointment or election of any new director, trustee or officer elected or appointed within 15 days after such appointment or election. Such report shall be prepared by the company in form and substance substantially in accordance with Form B A, shown at the end of this rule.
Section 3.
SECTION 6. Ins 6.52 Form B is repealed.
SECTION 7. Ins 6 Appendix 1 is amended to read:
Ins 6 Appendix 1
APPENDIX I
KEEP THIS NOTICE WITH YOUR INSURANCE PAPERS
PROBLEMS WITH YOUR INSURANCE?—If you are having problems with your insurance company or agent, do not hesitate to contact the insurance company or agent to resolve your problem.
(INSURER NAME)
(CUSTOMER SERVICE)
(ADDRESS)
(CITY, STATE, ZIP)
(TOLL FREE TELEPHONE NUMBER, if available)
(TELEPHONE NUMBER)
You can also contact the OFFICE OF THE COMMISSIONER OF INSURANCE, a state agency which enforces Wisconsin's insurance laws, and file a complaint. You can contact file a complaint electronically with the OFFICE OF THECOMMISSIONER OF INSURANCE by contacting
or by contacting:
Office of the Commissioner of Insurance
Complaints Department
P. O. Box 7873
Madison, WI 53707-7873
1-800-236-8517
608-266-0103.
SECTION 8. Ins 6 Appendix 2 is amended to read:
Ins 6 Appendix 2
APPENDIX 2
You may resolve your problem by taking the steps outlined in your HMO grievance procedure. You may also contact the OFFICE OF THE COMMISSIONER OF INSURANCE, a state agency which enforces Wisconsin's insurance laws, and file a complaint. You can contact file a complaint electronically with the OFFICE OF THE COMMISSIONER OF INSURANCE at its website at http://oci.wi.gov/,or by writing to:
Office of the Commissioner of Insurance
Complaints Department
P. O. Box 7873
Madison, WI 53707-7873
or you can call 1-800-236-8517 outside of Madison or 266-0103 in Madison, and request a complaint form.
SECTION 9. Ins 7.02 is amended to read:
Ins 7.02 Bureau of financial analysis and examinations forms.
Form
Number Title
