618.28 Exemptions from Wisconsin law.
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/wi/chapter-618/618-28A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
618.28 Exemptions from Wisconsin law.
(1)Exemptions. Any nondomestic insurer authorized to do business in this state may apply for and the commissioner may make an order exempting it from any requirement otherwise applicable to it, if the commissioner finds after a hearing:
(a)That in the absence of the statutory requirement in this state the requirement would not be imposed on the insurer or on a similar Wisconsin insurer by the law of the insurer’s domicile;
(b)That exemption from the requirement will not endanger the interests of insureds, creditors or the public in this state; and
(c)That the exemption will not give the insurer an unfair competitive advantage over domestic insurers.