Ins 6.79 Ins 6.79 Advisory councils and committees.

Ins 6.79(1) (1) Purpose. The purpose of this section is to delineate the process by which the commissioner may create advisory councils and committees under s. 15.04 (1) (c), Stats., to assist in dealing with regulatory problems pursuant to s. 601.20, Stats., and may include assistance with rule-making pursuant to s. 227.13, Stats.

Ins 6.79(2) (2) Duties. Each council or committee shall advise the commissioner on matters relating to specific issues or subjects presented to the members for study and review by the commissioner of insurance.

Ins 6.79(3) (3) Expense reimbursement. Members of the councils and committees shall receive no salary or compensation for service on the councils or committees but shall be reimbursed for their actual and necessary expenses in attending meetings or while performing other duties as directed by the commissioner.

Ins 6.79(4) (4) Meetings. The councils or committees shall meet as needed or at such times as requested by the commissioner.

Ins 6.79(5) (5) Membership. For each council or committee created by the commissioner, membership may not exceed 15 members and shall be representative of the various interested parties and include persons who possess expertise or interest on the issue or topic of the council or committee.

Ins 6.79(6) (6) Chairs. The commissioner shall appoint the chair, unless the commissioner authorizes a different process for selection. The commissioner shall appoint an employee of the office as a non-voting member to assist the council or committee with its duties. The commissioner or a designee shall keep a record of all proceedings, transactions, communications, and other official acts of the councils and committees. The commissioner or a designee appointed by the commissioner shall serve as a voting member when the council or committee is convened in accordance with s. 15.04 (1) (c), Stats. The files and records of the councils and committees shall be maintained at the office of the commissioner of insurance.

Ins 6.79(7) (7) Term. Members of the councils and committees serve at the pleasure of the commissioner.

Ins 6.79 History History: Cr. Register, January, 1980, No. 289, eff. 2-1-80; correction in (1) under s. 13.93 (2m) (b) 7., Stats., Register, September, 1984, No. 348; r. (2) (c), Register, November, 1991, No. 431, eff. 12-1-91; correction in (1) made under s. 13.93 (2m) (b) 7., Stats., Register, February, 2000, No. 530; CR 08-064: r. and recr. Register December 2008 No. 636, eff. 1-1-09.

Ins 6.80 Ins 6.80 Retention of records.

Ins 6.80(1) (1) Purpose. The purpose of this section is to establish standards for record retention by insurers and other persons subject to the regulation of the commissioner.

Ins 6.80(2) (2) Scope.

Ins 6.80(2)(a) (a) This section shall apply to all insurers licensed under chs. 611, 612, 613, 614, and 618, Stats., and including the Local Property Insurance Fund, the State Life Insurance Fund, and the State Indemnity Fund.

Ins 6.80(2)(b) (b) The following sections also apply:

Ins 6.80(2)(b)1. 1. Section Ins 1.01 (3) applies to fraternals.

Ins 6.80(2)(b)2. 2. Sections Ins 2.07 (5) (a) 2. d. and (b) 2. b. apply to life insurance.

Ins 6.80 Note Note: Sections Ins 2.07 (5) (a) 2. d. and (b) 2. b. do not exist. Section Ins 2.07 was repealed and recreated eff. 3-1-82.

Ins 6.80(2)(b)3. 3. Section Ins 3.25 (9) (d) applies to credit life and accident and sickness insurance.

Ins 6.80(2)(b)4. 4. Section Ins 3.27 (28) applies to disability insurance.

Ins 6.80(2)(b)5. 5. Section Ins 6.17 (3) (c) and (d) apply to surplus lines.

Ins 6.80(2)(b)6. 6. Sections Ins 6.30 (2) (a) 1. e., 6.30 (3) (a) 3. e., (4) (a) 2. e. and (5) (a) 3. apply to property and casualty insurers.

Ins 6.80(2)(b)7. 7. Section Ins 6.55 (5) (b) applies to all insurers.

Ins 6.80(2)(b)8. 8. Section Ins 6.61 applies to intermediaries.

Ins 6.80(2)(b)9. 9. Section Ins 8.09 applies to employee welfare funds.

Ins 6.80 Note Note: Section Ins 8.09 has been repealed.

Ins 6.80(2)(b)10. 10. Sections Ins 8.65 (4) and 8.69 (6) apply to small employer insurers.

Ins 6.80(3) (3) Definitions.

Ins 6.80(3)(a) (a) “Domestic insurer” has the meaning set forth in s. 600.03 (17), Stats.

Ins 6.80(3)(b) (b) “Insurer” has the meaning set forth in s. 600.03 (17), Stats.