Ins 25.04(6)(b)3.a.a. The individual is a beneficiary of a life insurance policy underwritten by the licensee, a claimant under an insurance policy issued by the licensee, a named insured or an annuitant under an insurance policy or an annuity, respectively, issued by the licensee, or a mortgagor of a mortgage covered under a mortgage insurance policy.

Ins 25.04(6)(b)3.b.b. The licensee discloses nonpublic personal financial information about the individual to a nonaffiliated third party other than as permitted under ss. Ins 25.50, 25.55, and 25.60.

Ins 25.04(6)(c)1.1. Provided that the licensee provides the initial notice under s. Ins 25.10 to the plan sponsor, group or blanket insurance policyholder, group annuity contract-holder, or workers’ compensation policyholder and that the licensee does not disclose to a nonaffiliated third party nonpublic personal financial information about such an individual other than as permitted under ss. Ins 25.50, 25.55, and 25.60, an individual is not the consumer of the licensee solely because the individual is any of the following:

Ins 25.04(6)(c)1.a.a. A participant or a beneficiary of an employee benefit plan that the licensee administers or sponsors or for which the licensee acts as a trustee, insurer or fiduciary.

Ins 25.04(6)(c)1.b.b. Covered under a group or blanket insurance policy or group annuity contract issued by the licensee.

Ins 25.04(6)(c)2.a.a. The individuals described in subd. 1. a. to c. are consumers of a licensee if the licensee does not meet all the conditions of subd. 1.

Ins 25.04(6)(c)2.b.b. In no event shall the individuals, solely by virtue of the status described in subd. 1. a. to c., be deemed to be customers for purposes of this chapter.

Ins 25.04(6)(c)3.3. An individual is not a licensee’s consumer solely because he or she is a beneficiary of a trust for which the licensee is a trustee.

Ins 25.04(6)(c)4.4. An individual is not a licensee’s consumer solely because he or she has designated the licensee as trustee for a trust.

Ins 25.04(6)(c)5.5. An individual who is a consumer of another financial institution is not a licensee’s consumer solely because the licensee is acting as agent for, or provides processing or other services to, that financial institution.

Ins 25.04(7)(7) “Consumer reporting agency” has the same meaning as in Section 603(f) of the federal Fair Credit Reporting Act (15 USC 1681a(f)).

Ins 25.04(8)(a)(a) Ownership, control or power to vote 25 % or more of the outstanding shares of any class of voting security of the company, directly or indirectly, or acting through one or more other persons.

Ins 25.04(8)(b)(b) Control in any manner over the election of a majority of the directors, trustees or general partners, or individuals exercising similar functions, of the company or by an agreement establishing an attorney in fact for a reciprocal as defined by s. 600.03 (41), Stats.

Ins 25.04(8)(c)(c) The power to exercise, directly or indirectly, a controlling influence over the management or policies of the company.

Ins 25.04(10)(a)(a) “Customer relationship” means a continuing relationship between a consumer and a licensee under which the licensee provides one or more insurance products or services to the consumer that are to be used primarily for personal, family or household purposes.

Ins 25.04(10)(b)1.1. A consumer has a continuing relationship with a licensee if any of the following conditions exist:

Ins 25.04(10)(b)1.a.a. The consumer is a current policyholder of an insurance product issued by or through the licensee.

Ins 25.04(10)(b)1.b.b. The consumer obtains financial, investment or economic advisory services relating to an insurance product or service from the licensee for a fee.

Ins 25.04(10)(b)2.2. A consumer does not have a continuing relationship with a licensee under any of the following conditions: