Ins 6.70   Combinations of lines and classes of insurance.

Ins 6.72   Risk limitations.

Ins 6.74   Suretyship and risk limitations of surety obligations.

Ins 6.75   Classifications of insurance.

Ins 6.76   Grounds for disapproval of and authorized clauses for fire, inland marine and other property insurance forms.

Ins 6.77   Exemption from mid-term cancellation requirements.

Ins 6.78   Exemption from filing of rates.

Ins 6.785   Exemption from rate and form filing requirements.

Ins 6.79   Advisory councils and committees.

Ins 6.80   Retention of records.

Ins 6.85   Notification of a person’s right to file a complaint with the commissioner.

Ins 6.90   Prohibited uses of senior-specific designations.

Ins 6.91   Definitions.

Ins 6.92   Individual navigators.

Ins 6.93   Registration of navigator entities.

Ins 6.95   Registration of certified application counselors, nonnavigator assisters and nonnavigator assister entities.

Ins 6.96   Prohibited business practices.

Ins 6.97   Navigator, nonnavigator assister, navigator entity, and nonnavigator assister entity records.

Ins 6.98   Prohibition of uses of designations.

Ins 6.99   Exemption.

Ins 6.01 Ins 6.01 Foreign company to operate 2 years before admission. Experience has demonstrated that until a company has engaged in the business of insurance for at least 2 years there is not a sufficient basis upon which to form a judgment as to whether its methods and practices in the conduct of its business are such as to safeguard the interests of its policyholders and the people of this state. Therefore, no application of a foreign insurance company or mutual benefit society for a license to transact business in Wisconsin will be considered until it has continuously transacted the business of insurance for at least 2 years immediately prior to the making of such application for license.

Ins 6.01 History History: 1-2-56.

Ins 6.02 Ins 6.02 Company to transact a kind of insurance 2 years before admission.

Ins 6.02(1) (1) Experience has demonstrated that until a company has engaged in a kind of insurance or in another kind of insurance of the same class for at least 2 years, there is not a sufficient basis upon which to form a judgment as to whether its methods and practices in the conduct of its business in such kind of insurance or another kind in the same class of insurance, are such as to safeguard the interests of its policyholders and the people of this state. Therefore, no application of a foreign insurance company or mutual benefit society for a license to transact a kind of insurance business in Wisconsin will be considered until it has continuously transacted that kind of insurance, or another kind of insurance in the same class of insurance as that for which it makes such application for at least 2 years immediately prior to making such application. For the purposes hereof, insurance is divided into kinds of insurance according to the provisions of s. Ins 6.75, each subsection setting forth a separate kind, and into classes of insurance upon the basis of and including the said kinds as follows:

Ins 6.02(1)(a) (a) Fire insurance includes the kinds in s. Ins 6.75 (2) (a).

Ins 6.02(1)(b) (b) Life insurance includes the kinds in s. Ins 6.75 (1) (a) and (b) but excluding all insurance on the health of persons other than that authorized in s. 627.06, Stats., and s. Ins 6.70.

Ins 6.02(1)(c) (c) Casualty insurance includes the kinds in s. Ins 6.75 (2) (c) through (n).

Ins 6.02(2) (2) Provided, however, that nothing herein shall preclude consideration of an application to transact the kind of insurance in s. Ins 6.75 (1) (c) or (2) (c) if the applicant company has transacted any of the kinds of insurance in s. Ins 6.75 (1) (a) and (b) or (2) (d), (e), (k) and (n) continuously for 2 years immediately prior to the making of application for license to transact the kind of insurance in s. Ins 6.75 (1) (c) or (2) (c).